US stocks were moving broadly higher Thursday as technology companies rebounded after a steep sell-off a day earlier. The rally pushed the Dow Jones industrial average past the 24,000 mark for the first time. Investors welcomed signs that the odds were improving for the Republican-led effort to forge a sweeping tax overhaul bill. New data showing consumer spending grew in October also helped lift the market.

via Dow breaks 24,000 as stocks rise broadly – LA Times

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s