12/8/2022, 4:38 PM (Source: TeleTrader)
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US markets extend gains, Dow up 300 pts

Stock exchanges in New York continued to rise, with the Dow Jones Industrial Average index soaring over 300 points briefly on Thursday as Boeing, Nike, Chevron and Apple led the gains. Earlier in the day, the weekly jobless claims report matched market estimates, with traders continuing to follow economic data ahead of next week's monetary policy verdict by the Federal Reserve.

The Dow Jones was up 0.83% or 278 points, the Nasdaq 100 gained 1.29% and the S&P 500 rose by 0.94% at 10:38 am ET.

The euro was 0.36% higher than the dollar, going for 1.05495 at the same time.

Baha Breaking News (BBN) / MS