Dow Ends Day Up 118

S&P 500, Nasdaq also close higher
By Newser Editors and Wire Services
Posted Feb 9, 2017 3:18 PM CST
Dow Ends Day Up 118
Thomas Donato, center, follows stock prices, Thursday, Feb. 9, 2017, at the New York Stock Exchange.   (AP Photo/Mark Lennihan)

Strong earnings from big US companies helped drive stock indexes further into record territory, the AP reports. Financial stocks rose more than the rest of the market Thursday. Regions Financial rose 3.5%. Energy stocks also climbed as the price of crude oil headed higher. Several companies rose after reporting better results than analysts were expecting. Kellogg and Viacom rose 4%. Twitter plunged 12% after delivering a weak forecast and revenue that fell well short of estimates. The Standard & Poor's 500 index rose 13 points, or 0.6%, to 2,307. The Dow Jones industrial average gained 118 points, or 0.6%, to 20,172. The Nasdaq composite rose 32 points, or 0.6%, to 5,715. Small-company stocks outpaced the market. The Russell 2000 jumped 19 points, or 1.5%, to 1,378. (More Dow Jones stories.)

Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X