7/15, 4:37 PM (Source: TeleTrader)
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Wall Street extends gains, Dow surges over 600 pts

Major stocks on Wall Street extended gains after the opening bell, with the Dow Jones Industrial hitting over 600 points, after the index's best performer the UnitedHealth Group reported a 13% jump in its revenue, exceeding the market forecast.

Meanwhile, the consumer sentiment index rose 2.2% on a monthly basis in July, near "all-time lows" according to a report by the University of Michigan.

The Dow Jones Industrial Average surged over 600 points or 2% at 10:35 am ET. A minute later, the Nasdaq 100 and the S&P 500 advanced by 1.40% and 1.64% respectively.

The euro was 0.65% higher against the greenback, going for $1.00828 at 10:37 am ET.

Baha Breaking News (BBN) / AB