How major US stock indexes fared Thursday

Technology companies helped drive stocks higher Thursday as Wall Street recouped some of its losses from a steep sell-off a day earlier.

The gains followed encouraging data on the pace of layoffs and on how powerfully the economy rebounded during the summer from its coronavirus-induced coma.

Expectations for solid quarterly report cards from Apple, Facebook, Amazon and Google’s parent company also helped lift the market following a sluggish start.

On Thursday:

The S&P 500 rose 39.08 points, or 1.2%, to 3,310.11.

The Dow Jones Industrial Average gained 139.16 points, or 0.5%, to 26,659.11.

The tech-heavy Nasdaq composite climbed 180.72 points, or 1.6%, to 11,185.59.

The Russell 2000 small-cap index picked up 18.30 points, or 1.2%, to 1,561.58.

For the week:

The S&P 500 is down 155.28 points, or 4.5%.

The Dow is down 1,676.46 points, or 5.9%.

The Nasdaq is down 362.69 points, or 3.1%.

The Russell 2000 is down 78.93 points, or 4.8%.

For the year:

The S&P 500 is up 79.33 points, or 2.5%.

The Dow is down 1,879.33 points, or 6.6%.

The Nasdaq is up 2,212.99 points, or 24.7%.

The Russell 2000 is down 106.89 points, or 6.4%.

Copyright © 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Related Categories:

Business & Finance

Like WTOP on Facebook and follow @WTOP on Twitter to engage in conversation about this article and others.

Get breaking news and daily headlines delivered to your email inbox by signing up here.

© 2020 WTOP. All Rights Reserved. This website is not intended for users located within the European Economic Area.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up