Friday, September 23, 2016

US Market Commentary- Nasdaq hits new high

US stocks climbed on Thursday, with big tech names leading broad gains, building on strength from a day earlier that was fuelled by the Federal Reserve's decision to stand pat on interest rates. The S&P 500 tallied its best two-day performance in more than two months, while the NASDAQ closed at a record high.

The S&P 500 tallied its best two-day performance in more than two months, while the NASDAQ closed at a record high.

The industrial average rose 98.76 points, or 0.54 percent, to 18,392.46, the S&P 500 gained 14.06 points, or 0.65 percent, to 2,177.18 and the Nasdaq Composite added 44.34 points, or 0.84 percent, to 5,339.52.


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