U.S. stocks close at 6-week highs as Nasdaq-led winning streak extends to 3rd day

📆 22/7/2022 7:27 AM
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U.S. stocks closed sharply higher on Thursday as the tech-heavy Nasdaq Composite led all three benchmarks to their highest levels in six weeks. The Dow Jones Industrial Average gained 162.06 points, or 0.5%, to 32,036.90.

U.S. stocks closed sharply higher on Thursday as the tech-heavy Nasdaq Composite led all three benchmarks to their highest levels in six weeks. Strong earnings from S&P 500 companies --- particularly heavy-hitting tech stocks like Netflix Inc.

and Tesla Inc. have helped to bolster sentiment, prompting wary investors to jump back into the market en masse, market strategists said. The Dow Jones Industrial Average DJIA, +0.51% gained 162.06 points, or 0.5%, to 32,036.90. The Nasdaq Composite COMP, +1.36% closed 161.96 points, or 1.4%, higher at 12,059.61. The S&P 500 SPX, +0.99% climbed 39.05 points, or 1%, to 3,998.95.

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