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Wall Street jumps with technology stocks, industrials

Posted by: Admin | Posted on: July 12th, 2018 | 0 Comments

NEW YORK (Reuters) – U.S. stocks climbed on Thursday as top technology names hit record highs and industrials rebounded, offsetting worries about a U.S.-China trade war.

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 11, 2018. REUTERS/Brendan McDermid

The Dow Jones Industrial Average rose 225.45 points, or 0.91 percent, to 24,925.9, the SP 500 gained 24.31 points, or 0.88 percent, to 2,798.33 and the Nasdaq Composite added 107.31 points, or 1.39 percent, to 7,823.92.

Reporting by Caroline Valetkevitch; Editing by James Dalgleish

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