US Stocks post biggest 1-day advance in more than 2 weeks
New York - QNA
US stocks posted Monday their biggest one-day advance in more than two weeks, putting the Dow industrials and S&P 500 within 2.3% of their records.
The Dow Jones Industrial Average climbed 117.52 points, or 0.7%, to 17891.16. The S&P 500 gained 16.13 points, or 0.8%, to 2081.43. The Nasdaq Composite advanced 42.24 points, or 0.9%, to 4817.59.
Elsewhere, Stoxx Europe 600 inched lower by 0.1%. Trading in Europe was quiet, with markets in the UK and Ireland closed for a holiday. Trading in Asia was also mostly quiet, with markets in Shanghai, Hong Kong and Singapore closed for a holiday.
Japan’s Nikkei Stock Average, however, fell 3.1% as the market reopened from a holiday, hit by a recent appreciation of the yen and continued disappointment over the Bank of Japan’s decision to leave monetary policy unchanged Thursday.