(Reuters) – The New York Stock Exchange ended higher on Thursday on the back of a jump in technology stocks as volatility returned to unusually low levels with less than a week before the Fed’s next monetary policy committee.
The Dow Jones Industrial Average gained 0.50 percent, or 168.59 points, to 33,833.61 points.
The wider Standard & Poor’s 500 gained 26.41 points, or 0.62% to 4,293.93 points.
The Nasdaq Composite advanced for its part by 133.63 points (1.02%) to 13,238.524.
At stocks, Amazon gained 2.43% after Wells Fargo raised its recommendation on the stock while Nvidia gained 2.76%.
Against the trend, GameStop, plunged 17.89% after posting a higher than expected quarterly loss.
On the oil market, WTI stood at .88 (-2.26%) and Brent at .52 (-1.85%).
The dollar was down 0.74% against a basket of currencies a few minutes after the close of Wall Street, while the euro stood at 1.0779 dollars (+0.77%).
On the bond market, ten-year paper [US10YT=RR] fell 6.6 basis points to settle at 3.7179%. His five-year-old counterpart [US10YT=RR]fell 6.1 basis points to 3.8581%.
(Redaction of Paris)
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