New york: US stocks closed significantly higher on Thursday.
According to Qatar News Agency, the S and P 500 index rose by 56.99 points, or 0.77 percent, to close at 7501.24 points. This positive movement reflects investor confidence and an overall upward trend in the market.
The Nasdaq Composite Index also showed a rise, increasing by 232.88 points, or 0.88 percent, to reach 26635.22 points. This surge highlights the robust performance of technology and growth stocks, contributing to the overall market gain.
Additionally, the Dow Jones Industrial Average rose by 370.26 points, or 0.75 percent, closing at 50,063.46. This increase in the Dow Jones further underscores the broad-based rally experienced across various sectors on the stock market.