U.S. Stocks Soar, Dow Jones Industrial Average Rises Nearly 500 Points
According to Securities Times, on March 27th, local time, U.S. stocks closed higher, with the three major stock indexes rising straight up in late trading. The Dow Jones Industrial Average rose nearly 500 points, hitting a new all-time high. The S&P 500 Index also experienced significant gains.
At closing, the Dow rose 477.75 points to close at 39,760.08 points, an increase of 1.22%. The S&P 500 index rose 44.91 points to close at 5,248.49 points, an increase of 0.86%. The Nasdaq also saw gains, rising 83.82 points to close at 16,399.52 points, an increase of 0.51%.
Large technology stocks had mixed performances, with Intel, Apple, Tesla, Google A, and Amazon experiencing gains. However, Nvidia, Netflix, Microsoft, and Meta (Facebook) saw slight declines.
Bank stocks saw positive movements, with Deutsche Bank, Morgan Stanley, Goldman Sachs, Charles Schwab, Bank of America, Barclays, BlackRock, Citigroup, and Wells Fargo all rising.
Airlines stocks also experienced gains, with United Airlines, Southwest Airlines, Delta Air Lines, American Airlines, and Boeing all seeing increases.
Chinese concept stocks had mixed movements, with companies like Bilibili, Weibo, JD.com, and Vipshop seeing gains, while others like Xpeng Motors, Pinduoduo, Weilai, and Ctrip saw declines.
Securities Times reminds readers that the information provided in the article is for reference only and does not constitute investment advice. Readers are advised to conduct their own research before making any investment decisions.
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