Dow Gains as Nasdaq Lifts Techs, Iran Fears Fade After Close
Stocks in the U.S. surged late Thursday, with major indexes clawing back ground lost in Wednesday’s selloff. Investors bought technology shares, while falling oil prices eased worries about Middle East tensions. The S&P 500 jumped 1.75% to finish at 7,394.30. The Dow Jones Industrial Average gained 1.86% to close at 50,848.38. Nasdaq Composite led, climbing 2.54% to 25,809.66.