TELETRADER News
12/8/2022, 10:01 PM (Source: TeleTrader)
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Wall Street closes in the green, Nasdaq up 1%

Markets on Wall Street closed in the green on Thursday as stocks looked to recover some of the sharp losses suffered earlier this week. Investors continued to anticipate the Federal Reserve's meeting scheduled for next week when the central bank is expected to slow the pace of its rate hikes.

The Dow Jones added 0.54% with Nike jumping 2.80%.

The Nasdaq 100 climbed 1.22%. Datadog and Atlassian led the gains as both companies soared more than 8%.

The S&P 500 rose 0.75%. The best performer was SVB Financial Group, whose stock rallied 6.89%, followed by Nvidia, up 6.51%.

The euro gained 0.46% against the dollar to sell for 1.05583 at 3:58 pm ET.

Baha Breaking News (BBN) / NP