Dow jumps 300, closes above 26000 for 1st time

E-mini S&P 500 Index

Losses among Boeing, General Electric and other big industrial companies weighed on US stocks Thursday, pulling the market below the record highs it set the day before.

In week that followed these occurrences, the median return for the S&P 500 is 0.16%, while the median return over the one- and three-month periods that follow clocked in at 1.23% and 3.42%. Meanwhile, the S&P 500, a stock market index focusing on market capitalizations of 500 large companies, rose 0.9 percent and finished at 2,802.56.

The reversal took place as concerns of a government shutdown loomed over investors' minds.

The Dow Jones Industrial Average, the stock market index of 30 major companies, rose 323 points Wednesday, closing above 26,000 for the first time.

WALL STREET: Technology, financial and health care related shares helped push the Dow, Standard & Poor's 500 index and the Nasdaq composite to record higher, wiping out the market's modest losses from a day earlier. The Russell 2000 index of smaller-company stocks picked up 0.9 percent, to 1,586.66.

In the Supreme Court crisis, Tuesday might bring fresh fireworks
Finally on Tuesday, the CJI chose to break the ice and called to meet them and requested the judges to be in his chamber. Chelameswar , one of the four judges who led what was seen as a revolt against Chief Justice of India Dipak Mishra.

Hong Kong's Hang Seng Index rose to a fresh closing peak on Wednesday, aided by continued strength in index heavyweight Hong Kong Exchanges and Clearing (HKEx) which jumped more than 2 per cent to 2-1/2-year highs. "It's been hockey-stick growth up since the tax bill passed".

Alcoa tumbled 7.5 percent after the aluminum producer's earnings missed analysts' estimates.

Wall Street's main indexes seesawed in choppy trade on Thursday, as gains in tech stocks offset losses in interest-rate sensitive sectors.

Industrial stocks rose after the Federal Reserve said USA industrial production increased 0.9 percent in December.

The Dow is up 1,396.43 points, or 5.7 percent. The VIX Volatility Index was higher for the day at 11.81 for a gain of 0.15 points or 1.29%. Copper rose 1 cent to $3.20 a pound. Many multinational corporations have announced onetime charges for bringing home money held overseas, but investors expect them to benefit in the long run from the decision to cut the standard tax rate from 35 percent to 21 percent and are bidding up their share prices.

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