Dow Djia: Market and Points

dow djia: How did the indexes fare The Dow DJIA, -1.77% rose 216.84 points, or 0.8%, to 25,962.51, marking its best daily gain since Feb. 15, while the S&P 500 index SPX, -1.90% climbed 30.65 points, or 1.1%, to 2,854.88 and the Nasdaq Composite Index COMP, -2.50% added 109.99 points, or 1.4%, to 7,838.96, according to Market Watch. Both the Nasdaq and S&P 500 logged their best gains since March 11. The market's strong upside momentum comes a day after the Federal Reserve signaled that it was unlikely to raise interest rates this year amid worries over slowing economic growth. What drove the market The S&P 500's information technology sector provided much of the buoyancy for the broader market, rising 2.5%. AppleAAPL, -2.07% shares were up 3.7% after Needham upgraded the stock to strong buy. Major benchmarks had ended Wednesday mostly lower with bank stocks battered as Treasury yields fell on the Fed's dovish outlook. But the gains weren't enough for the iPhone maker to wrest the crown for the largest company by market value from Microsoft Corp.MSFT, -2.64% which ended the day valued at 922.35 billion versus Apple's 919.90 billion, according to Fact Set data. (news.financializer.com). As reported in the news.

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