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Dow soars 516 points and Nasdaq climbs over 2% as strong earnings drive relief rally

1 month ago   |   By Business Insider

Investors have become more cautious about US stocks in recent weeks. Johannes Eisele/Getty Images US stocks soared on Thursday after a string of better-than-expected earnings results from retailers. Thursday's strong rally sets the S&P 500 up to end its seven-week losing streak, and the Dow Jones eight-week losing streak. Dollar General, Dollar Tree, and Macy's soared more than 10% after reporting better-than-expected results. US stocks soared higher on Thursday, extending gains from Wednesday's relief rally as investors seek to end a seven-week losing streak in the S&P 500 and an...
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