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Wall Street closes higher with help from Facebook, Fed

Published 01/31/2019, 04:04 PM
© Reuters. Traders work on the floor of the NYSE in New York

© Reuters. Traders work on the floor of the NYSE in New York

US500
0.88%
DJI
1.24%
IXIC
0.64%
META
0.60%

(Reuters) - Wall Street extended its rally on Thursday as strong earnings from Facebook Inc (NASDAQ:FB) added to optimism after the Federal Reserve's dovish remarks the previous day, while investors waited for the outcome of U.S.-China trade talks.

The Dow Jones Industrial Average fell 5.96 points, or 0.02 percent, to 25,008.9, the S&P 500 gained 23.65 points, or 0.88 percent, to 2,704.7 and the Nasdaq Composite added 98.66 points, or 1.37 percent, to 7,281.74.

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Latest comments

Bull ShitterFeb 01, 2019, 02:21
The PPT and Fed are in one way. Powell finally showed that cannot resist the pressure from white house. Is the same old croked market that will do what its need to do. Don't believe news... Really are completely disconnected. Just follow the technicals.
Ying YuFeb 01, 2019, 00:52
No deal with China. CNN Greed index is 63. It is 2 at the beginning of this year. I am out of this uncertain market for another lower enter point.
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