Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Wall Street notches best day in 10 years in holiday rebound


December 27, 2018

Specialist Vera Liu, left, and trader James Matthews work on the floor of the New York Stock Exchange Wednesday.

Stocks rocketed on Wednesday in Wall Street's best day in 10 years, snapping a stomach-churning, four-day losing streak and giving some post-Christmas cheer to a market that has been battered this December.

The Dow Jones Industrial Average shot up more than 1,000 points - its biggest single-day point gain ever - rising nearly 5 percent as investors returned from a one-day Christmas break. The broader S&P 500 index also gained 5 percent, and the technology-heavy Nasdaq rose 5.8 percent.


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