30 Oct 2014
US stocks closed Thursday positive amid US GDP
FXStreet (San Francisco) - Wall Street welcomed better than expected US GDP figure of +3.5% in the Q3 as major indexes rallied on Thursday. Earnings from Visa helped to fuel the sentiment.
The Dow Jones climbed 221.11 points or 1.30% to finish the day at 17,195.42; The S&P 500 advanced 12.35 pts or 0.62% to 1,994.65; while the Nasdaq Composite finished at 4,566.14 after winning 16.91 points or 0.37% so far today.
Oil WTI lost almost all of previous 2-day gains after closing below the 81.00 level at 80.90. Gold collapsed for second day to trade below the 1,200 level at lows since October 6 at 1,196 before closing at 1,198.
The Dow Jones climbed 221.11 points or 1.30% to finish the day at 17,195.42; The S&P 500 advanced 12.35 pts or 0.62% to 1,994.65; while the Nasdaq Composite finished at 4,566.14 after winning 16.91 points or 0.37% so far today.
Oil WTI lost almost all of previous 2-day gains after closing below the 81.00 level at 80.90. Gold collapsed for second day to trade below the 1,200 level at lows since October 6 at 1,196 before closing at 1,198.