Ignoring the Global Chaos

Wall Street traders completely ignored global political chaos today, driving US equities significantly higher by the closing bell. The major US stock indices closed firmly in the green, heavily rewarding investors who bought the recent dips. Preliminary trading data showed the benchmark Standard & Poor's 500 index surging by 96.91 points, securing a massive 1.29 percent gain to close at 7,617.84 points.

Tech Stocks Lead the Rally

The tech-heavy Nasdaq Composite Index absolutely dominated the trading session. The index spiked by an incredible 398.70 points, translating to a 1.59 percent jump, settling at 25,464.57 points. The Dow Jones Industrial Average also enjoyed a solid, albeit slower, upward trajectory, rising 245.03 points to hit 52,476.92. Domestic investors remain highly optimistic about corporate profit margins, completely shrugging off the volatile geopolitical headlines dominating the rest of the globe.

Do not gamble your portfolio blindly. Track the real financial data strictly on Oman Day.