Epic Research Update : US Markets

US stocks tallied their third straight session of gains on Wednesday, led by energy shares as oil prices jumped, while better-than-expected economic data helped allay growth fears. Nine of the 10 major S&P sectors closed higher, with energy rising 2.9 percent.

The Dow Jones industrial average rose 257.42 points, or 1.59 percent, to 16,453.83, the S&P 500 gained 31.24 points, or 1.65 percent, to 1,926.82 and the Nasdaq Composite added 98.11 points, or 2.21 percent, to 4,534.07.

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Posted in: Indian Market Tips