empty
 
 

2015.11.0221:36:00UTC+00Nasdaq 100 hits 15-year peak as US shares soar

A broad advance in US shares jolted the Nasdaq 100 index above its July peak, another trace of recovery from the equity meltdown in summer.

The index rose 1.2%, extending its advance from the August 25 low to 17%, making it the first major index of US stocks to regain a multiyear high reached earlier this year. Also, the Standard & Poor's 500 Index remains more than 1% from its May 21 high of 2,130.82. The Dow Jones Industrial Average climbed 2.6%.

Increases in the index have come from the largest computer and software firms. Amazon surged 35%, Microsoft leaped 32%, and Facebook added 24%. Apple Inc. has rallied 17% after it dropped 21% in the summer rout.

US shares joined a global rally in stocks as manufacturing activity in China slowed, which subdued demand from equity investors looking for signs of strength elsewhere.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback