10 Oct 2013
Wall Street rallies furiously and posts best day in 2013 on deal hopes
FXstreet.com (San Francisco) - The US stocks market performed its best day in 2013 after investors' confidence was fueled by the GOP's idea to present short-term debt limit on Thursday. Dow and S&P have erased weekly losses after posting daily gains above 2%.
The DJIA rocketed 323.09 points or 2.18% to finish the day above the 14,780 key support at 15,126.07. The S&P 500 jumped 36.16 points or 2.18% to trade back above the 1,670 level and close at 1,692.56.
The Nasdaq Composite rallied 82.97 pts or 2.26% to end the session at 3,760.75.
The DJIA rocketed 323.09 points or 2.18% to finish the day above the 14,780 key support at 15,126.07. The S&P 500 jumped 36.16 points or 2.18% to trade back above the 1,670 level and close at 1,692.56.
The Nasdaq Composite rallied 82.97 pts or 2.26% to end the session at 3,760.75.