U.S. stocks rebound with Dow closing up over 600 points

0 Comment(s)Print E-mail Xinhua, December 3, 2021
Adjust font size:

NEW YORK, Dec. 2 (Xinhua) -- U.S. stocks rebounded on Thursday as industrials and energy sectors led the gains.

The Dow Jones Industrial Average jumped 617.75 points, or 1.82 percent, to 34,639.79. The S&P 500 increased 64.06 points, or 1.42 percent, to 4,577.10. The Nasdaq Composite Index rose 127.27 points, or 0.83 percent, to 15,381.32.

All the 11 primary S&P 500 sectors ended in green, with industrial and energy up 2.89 percent and 2.85 percent, respectively, leading the gains.

U.S.-listed Chinese companies traded mostly lower with seven of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

U.S. stocks have suffered bouts of volatility recently amid concerns over Omicron, a new COVID-19 variant.

U.S. President Joe Biden on Thursday announced an array of new measures in fighting COVID-19 as two confirmed cases of Omicron have been reported in the country.

On the economic front, U.S. initial jobless claims, a rough way to measure layoffs, registered 222,000 in the week ending Nov. 27, an increase of 28,000 from the previous week's revised level, the Department of Labor said on Thursday. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter