NEW YORK (Aug 17): U.S. stocks rebounded on Thursday with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor confidence.
A broad rally pulled all three major U.S. indexes higher following Wednesday's sell-off.
Walmart Inc shares jumped 9.3 percent after the world's largest retailer topped earnings estimates and posted its best same-store sales growth in a decade.
NEW YORK (Aug 16): Wall Street fell in a day of heavy trading on Wednesday with the S&P 500 posting its biggest percentage drop since late June as investors turned risk-averse on disappointing earnings and escalating global tariff worries.
Chinese technology company Tencent Holdings Ltd reported its first profit decline in almost 13 years, putting pressure on the U.S. tech sector. Technology stocks were the biggest drag on the S&P 500 and the Nasdaq, with the S&P 500 technology index down 1.1 percent.