Wall Street sets another record as JPMorgan leads banks higher

Financial stocks led the S&P 500 and the Dow industrials to record highs on Thursday after JPMorgan’s strong quarterly results, while upbeat economic data cemented bets that the current rally on Wall Street can chug along.

The Dow Jones industrial average rose 134.29 points, or 0.73 percent, to 18,506.41, the S&P 500 gained 11.32 points, or 0.53 percent, to 2,163.75 and the Nasdaq Composite added 28.33 points, or 0.57 percent, to 5,034.06.


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Posted in: Indian Market Tips