Traders in Asia will also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from Bank of Japan and People’s Bank of China.
The Dow Jones Industrial Average rose 522.09 points, or 1.26 percent, to 42,025.19. The S&P 500 added 95.38 points, or 1.70 percent, to 5,713.64. The Nasdaq Composite Index increased 440.68 points, or ...
The blue-chip Dow was on pace to ink a milestone, a day after the Federal Reserve cut interest rates in a big way. The Dow Jones Industrial Average was up 1.3%, at last check, trading near 42,030.
The S&P 500 ( ^GSPC) climbed roughly 1.7%, while the Dow rose more than 1.2%, with both indexes trading at record highs. The tech-heavy Nasdaq Composite ( ^IXIC) led the gains, up roughly 2.5%.