US Stocks Extend Gains as Nasdaq Hits Record

Posted on: September 22nd, 2016 by ABC News No Comments

iStock/Thinkstock(NEW YORK) — Wall Street extended gains for a third day Thursday as the Nasdaq rallied to hit a record high following Wednesday’s decision by the Federal Reserve to keep short-term interest rates unchanged.

The Dow gained 98.76 (+0.54 percent) to finish at 18,392.46.

The Nasdaq jumped 44.34 (+0.84 percent) to close at 5,339.52, while the S&P 500 finished at 2,177.18, up 14.06 (+0.65 percent) from its open.

Crude oil climbed nearly 2 percent with prices hitting above $46 a barrel.

Copyright © 2016, ABC Radio. All rights reserved.

Leave a Reply

You must be logged in to post a comment.