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1/16, 9:09 PM (Source: TeleTrader)
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Dow Jones up 200 pts on strong data

Stock markets in the US extended gains on Thursday on the back of strong economic figures released earlier in the day.

The Dow Jones Industrial Average jumped 201 points or 0.69% 3:09 pm ET. The Nasdaq 100 and the S&P 500 followed suit, adding 0.65% and 0.57% at the same time.

Retail sales rose in December, the US Census Bureau revealed, advancing 0.3% month-on-month and 5.8% on an annual scale. Meanwhile, initial jobless claims dropped by 10,000 last week.

The euro declined 0.15% on the US dollar, changing hands for 1.11359 at 3:15 pm ET.

Breaking the News / GG