All three major indices again ended at records, with the Dow Jones Industrial Average up 0.9% at the closing bell to 25,803.19. "It should generate more than a billion dollars flowing into the bottom line", said Ron Weiner president and founder of RDM financial in Westport Connecticut. The S&P 500 gained 2.31 points, or 0.083467 percent, to 2,769.87.
Wells Fargo slipped 0.3 percent after it set aside $3.25 billion in the fourth quarter to cover legal expenses related to probes into its mortgage and sales practices.
Most large technology shares also rose, with Apple, Amazon, Google-parent Alphabet and Microsoft all winning one percent or more. The Dow Jones Industrial Average rose by 29 percent last year and the broader S&P 500 rose 22 percent, rare and breath-taking gains that simply can not be repeated every year. The Nasdaq Composite dropped 6.13 points, or 0.08 percent, to 7,205.65. Home Depot rose 1.6 percent and Walmart rose 1 percent.
Can not win Tests if you lose wickets in clusters, says Virat Kohli
Given the fragility of their batting in Cape Town‚ India would do well to retain Sharma as well as recall Rahane. Rahane has not been among the runs recently but he had a successful tour of South Africa four years ago.
After a down day on Wednesday, Wall Street rebounded in a big way Thursday, nearing record closes.
The Dow is up 1,083.97 points, or 4.4 percent.
This as Facebook slides 4% on newsfeed changes which are expected to weaken engagement. On the Nasdaq, 1,808 issues rose and 1,069 fell.