Global Markets: US Markets added gains – highest figures since February

The US markets were on the upward run at closing on Wednesday with Nasdaq and Dow at highest figures since February.

 The US markets on Wednesday closed with adding highest figures since February as the investors continue betting on more stimulus despite of doubts. Gold prices whipsawed and silver on Wednesday saw claw back.

The Dow Jones Industrial Average rose 289.93 points, or 1.05%, to 27,976.84, the S&P 500 gained 46.66 points, or 1.40%, to 3,380.35 and the Nasdaq Composite added 229.42 points, or 2.13%, to 11,012.24.


The S&P ended within 6 points of its closing record high of 3,386.15. The index slipped on Tuesday after seven straight days of gains.

SGX Nifty was trading higher indicating a positive opening for the Indian indices. The Nifty futures were trading at 11,328 on the Singaporean Exchange around 07:30 hours IST.

Asian stocks were set for broad gains on Thursday after Wall Street’s S&P 500 index briefly touched record highs, as investors appeared to shrug off worries about stalled U.S. stimulus talks and a shaky economic recovery.(Moneycontrol)