16 January 2021
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Inside Markets

Switzer Daily
22 June 2009

Stocks in the US finished higher on Wednesday after a late surge in trading took all three indexes into positive territory.

The Dow Jones Industrial Average rose 90 points or 1.2%, to 7,749.81. The Nasdaq gained 45.85 points or 0.8%, to 45.85. The S&P 500 added 7.63 points to 813.88. The S&P 500 has gained over 20% in the past two-weeks.

The US economy got some better-than-expected data on Wednesday with rises in new home sales and durable goods orders. Despite heading into the red during the day, a late-session jump in financial stocks and tech shares helped markets finish higher.

The Oz dollar is currently trading at 69.76 US cents.
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