U.S. stocks close higher-Xinhua

U.S. stocks close higher

Source: Xinhua

Editor: huaxia

2025-05-08 04:14:00

NEW YORK, May 7 (Xinhua) -- U.S. stocks ended higher on Wednesday.

The Dow Jones Industrial Average rose 284.97 points, or 0.70 percent, to 41,113.97. The S&P 500 added 24.37 points, or 0.43 percent, to 5,631.28. The Nasdaq Composite Index increased by 48.50 points, or 0.27 percent, to 17,738.16.

Eight of the 11 primary S&P 500 sectors ended in green, with consumer discretionary and technology leading the gainers by rising 1.02 percent and 0.91 percent, respectively. Meanwhile, communication services and materials led the laggards by going down 1.84 percent and 0.50 percent, respectively.