Wall Street rallies for third day as Brexit bruises fade

Wall Street rolled to a third straight day of gains on Thursday as Britain’s central bank raised the prospect of stimulus and consumer staples shares gained on news of Mondelez International’s USD 23 billion bid for Hershey.

The Dow Jones industrial average rose 235.31 points, or 1.33 percent, to 17,929.99, the S&P 500 gained 28.09 points, or 1.36 percent, to 2,098.86 and the Nasdaq Composite added 63.43 points, or 1.33 percent, to 4,842.67.


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Posted in: Indian Market Tips