Dow notches record point surge in dramatic rebound – AOL Finance

(Reuters) – The Dow Jones Industrial Average surged at least 1,000 points in a single session for the first time on Wednesday in a broad stock rebound after the benchmark S&P 500 index was on the brink of a bear market.The three major U.S. indexes all posted their biggest one-day percentage gains since March 2009, in the first day of trading following the Christmas holiday, when the market was closed.Sales in the 2018 U.S. holiday shopping season rose 5.1 percent to over $850 billion, the strongest in six years, according to a Mastercard report. The S&P 500 retailing index jumped 7.4 percent, while shares of online retailer Amazon , which touted a “record-breaking” season, climbed 9.4 percent.

Source: Dow notches record point surge in dramatic rebound – AOL Finance

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