Dow Jones jumps 600 points, Nasdaq surges 3% as chip stocks rally on Microsoft results
The Dow Jones gained over 600 points, more than half of the 1,100-point fall on Wednesday. The S&P 500 rose 1.7%, while the Nasdaq Composite rose 2.7%. Both the tech-led indices recovered everything that they lost on Wednesday and a little more. The Nasdaq 100 index, which had slipped into a "technical correction" on Wednesday, surged nearly 3.5%.
The Dow Jones gained over 600 points, more than half of the 1,100-point fall on Wednesday. The S&P 500 rose 1.7%, while the Nasdaq Composite rose 2.7%. Both the tech-led indices recovered everything that they lost on Wednesday and a little more. The Nasdaq 100 index, which had slipped into a "technical correction" on Wednesday, surged nearly 3.5%.
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