Wednesday, April 23rd12.2°C
21104
20654

US stock market has its best day this year as investors shake off the doldrums; Disney jumps

NEW YORK, N.Y. - The stock market had its best day this year, nearly erasing the steep losses from early this week.

The gains came after encouraging news on the U.S. job market and Disney and other companies reported solid earnings.

The Dow Jones industrial average jumped 188 points, or 1.2 per cent, to close at 15,628 Thursday.

The Standard & Poor's 500 index rose 21 points, also 1.2 per cent, to 1,773. It was the best gain for both indexes since Dec. 18. Both are still down about half a per cent for the week following a steep drop on Monday.

The Nasdaq composite gained 45 points, or 1.2 per cent, to 4,057.

Disney jumped 5 per cent after the media company reported earnings that beat analysts' estimates, thanks partly to its box-office hit "Frozen."

The Canadian Press


Read more Business News

20880


Recent Trending




Today's Market
S&P TSX14533.39-22.58
S&P CDNX1010.986.10
DJIA16501.65-12.72
Nasdaq4126.967-34.491
S&P 5001875.39-4.16
CDN Dollar0.9065+0.0001
Gold1284.60+0.40
Oil102.15-2.22
Lumber331.20-0.40
Natural Gas4.756+0.026

 
Okanagan Companies
Pacific Safety0.115+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.22+0.01
Cantex0.05+0.005
Anavex Life Sciences0.38-0.005
Metalex Ventures0.080.00
Russel Metals31.30+0.13
Copper Mountain Mining2.33-0.05
Colorado Resources0.27+0.01
ReliaBrand Inc0.11+0.03
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.250.00

 



20880

FEATURED Property
1786981312 Raven Drive, Kelowna, BC
10078144 bedrooms
$439,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


On living and dying

Our ability to live beyond our years has nothing to do with medical science; we will all live longer than our physical bodies, each of us will leave behind a personal legacy made up of our deeds, our ...


Learning to flirt with the edge

With all of the adventure activities I have done and still do, I wonder sometimes if the edge still exists. The systematic approach to learning a new adventure or extreme activity combined with the r...


Time spent prospecting

How much time should you put into prospecting? The question is a bit of a puzzle. Ideally, there would be a reference book that lists, by industry, how much time you should invest in prospecting acti...

_



21368

21637


Member of BC Press Council