Dow Jones soars more than 1,000 points in largest single-day increase


(Worthy News) – The Dow Jones Industrial Average soared more than 1,000 points Wednesday for its largest-ever single-day point increase, as stocks rebounded from a historically poor Christmas Eve.

The Dow Jones was up 1,086.25 points, or 4.98 percent, at the end of trading, while the S&P 500 rose 4.96 percent and the Nasdaq Composite increased 0.40 percent.

Retailers helped lead the charge Wednesday, as shares of Wayfair, Kohl’s and Dollar General all rose at more than 7 percent, CNBC reported. Data released by Mastercard and Amazon also showed strong holiday sales for retailers. [ Source: UPI (Read More…) ]

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