benchmarks fare: How did major benchmarks fare The Dow Jones Industrial Average DJIA, 0.59% rose 155.75 points, or 0.7%, to 24,065.59, according to Market Watch. The S&P 500 index SPX, 0.22% gained 27.69 points, or 1.1%, to 2,610.30, its first close above 2,600 since Dec. 13. News of a fresh round of stimulus in China have also helped to calm fears about the impact of slower Chinese growth on the global economy. Analysts have suggested that if the large-cap index manages to secure a foothold above 2,600, it is a sign that the market has successfully digested the bulk of the selling pressure that contributed to a sharp December selloff for equities. All three main stock indexes posted their first gains since Thursday. The Nasdaq Composite Index NQH9, -0.45% advanced 117.92 points, or 1.7%, to 7,023.83, closing above the key 7,000-mark for the first time since Dec. 13.
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Tagged under benchmarks fare, large-cap index topics.