25 Jun 2014
Wall Street rose after two negative days
FXStreet (San Francisco) - The US stocks market advance on Wednesday after 2-day drop as investors are speculating on a strong bounce in the Q2 from the worst quarterly performance since 2009.
Wall Street opened on the downside following the worst-than-expected GDP and durable good orders data; however, investors were thinking it was circumstantial.
The Dow Jones advanced 49.38 points or 0.29% to finish at 16,867.51; the S&P rose 9.55 points or 0.49% to close near to all-time highs around 1,959.53; while the Nasdaq Composite climbed 29.40 pts or 0.68% to 4,379.76.
Wall Street opened on the downside following the worst-than-expected GDP and durable good orders data; however, investors were thinking it was circumstantial.
The Dow Jones advanced 49.38 points or 0.29% to finish at 16,867.51; the S&P rose 9.55 points or 0.49% to close near to all-time highs around 1,959.53; while the Nasdaq Composite climbed 29.40 pts or 0.68% to 4,379.76.