Tech Giant: Percent and Points

tech giant: The S&P 500 increased 39.49 points, or 1.39 percent, to 2,887.09, according to Global Times China. The Nasdaq Composite Index rallied 122.89 points, or 1.58 percent, to 7,889.51. At midday, the Dow Jones Industrial Average rose 281.83 points, or 1.10 percent, to 25,861.22. Most of the 30 blue-chip stocks in the Dow extended gains, with shares of JPMorgan Chase and 3M up over 2.4 percent and over 2.3 percent respectively, among the best performers. All of the 11 primary S&P 500 sectors traded higher around midday, with the financials sector up nearly 1.9 percent, leading the gainers. Shares of Nvidia rose nearly 5.8 percent, after the US tech giant reported second-quarter earnings that exceeded market estimates, owing to demand for specific graphics chips for video games. (news.financializer.com). As reported in the news.

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