Stock market today: Wall Street ticks to another record as stocks worldwide rally

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U.S. stocks rose to another record as financial markets around the world rallied again.

U.S. stocks rose to another record Thursday as financial markets around the world rallied again. The Standard & Poor's 500 added 0.4% to set an all-time high for the third time this week and the 42nd time this year. The Dow Jones industrial average gained 0.6% to finish just shy of its record, while the Nasdaq composite rose 0.6%. Micron Technology led the way with a jump of 14.

That follows a raft of announcements earlier in the week by the country’s central bank that had also sent global markets jumping. China’s economic growth has been flagging, and officials appear to be making a more coordinated effort following earlier piecemeal attempts to boost it. In the United States, meanwhile, more encouraging news came after a round of reports on Thursday suggested the world’s largest economy may be doing better than expected. Fewer U.S.

 

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