Tuesday, August 9, 2022
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US Stocks ended in green after a sharp decline on Thursday

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Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com

US stocks ended in green on Thursday after decline during the day trade. The Dow Jones Industrial Average (DJIA) witnessed dramatic rebound and closed at 1.4% to 23138.8 points, a reversal of 613 points. Standard & Poor’s 500 rose 0.9% to 2489.8 points, and Nasdaq rose 0.41% to 6,288.3 points.

The US consumer data and Oil prices decline caused the uncertainty. On Thursday, Tech sector and semiconductors faced rebounding struggle.

FTSC finished Thursday sharply lower, downed by 1.5% as shares of resource companies took a hit amid weak Chinese economic reports and falling oil prices.

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