SHARE
Author
The Associated Press
Date
January 30, 2014

How the Dow Jones industrial average did Thursday

Stocks rose sharply Thursday, with large parts of the market erasing Wednesday’s losses, as investors cheered a batch of strong earnings from Facebook and Visa as well as data showing the U.S. economy grew at a robust annual rate of 3.2 percent in the fourth quarter.

Investors also got a respite from the recent turmoil in overseas markets, particularly in Turkey and Argentina.

On Wednesday:

The Dow Jones industrial average rose 109.82 points, or 0.7 percent, to 15,848.61.

The Standard & Poor’s 500 index added 19.99 points, or 1.1 percent, to close at 1,794.19.

The Nasdaq composite rose 71.69 points, or 1.8 percent, to 4,123.13.

For the week:

The Dow is down 30.50 points, or 0.2 percent.

The S&P 500 is up 3.90 points, or 0.2 percent.

The Nasdaq is down 5.05 points, or 0.1 percent.

For the year so far:

The Dow is down 728.05 points, or 4.4 percent.

The S&P 500 is down 54.17 points, or 2.9 percent.

The Nasdaq is down 53.46 points, or 1.3 percent.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>