Dow up 154 as stocks end 3 day slide

6 views · Published 24 September 2014 · 1:34 · Indexed 8 October 2026

Channel: KaFaDoKyA NEWS · 2014 · News & Politics

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Stocks rallied Wednesday as the Dow ended up more than 150 points and the S&P 500 broke a three-day losing streak.

The gains came as investors remain cautious about the Middle East conflict and U.S.-led airstrikes against Islamic State.

The Dow Jones industrial average closed up 0.9% -- 154 points -- to 17,210.06 as the blue-chip index recouped some of the losses generated from two straight days of more than 100-point drops.

The Standard & Poor's 500 index gained 0.8% to 1998.30 and the Nasdaq composite index rose 1% to 4555.22. The S&P 500 and Nasdaq had seen three straight days of losses.

In economic news, new-home sales surged 18% in August and rose to the highest level since May 2008.

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