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AM Report: US Sharemarkets Posted Solid Gains On Wednesday

So-called 'defensive' areas of the market did well including utilities, consumer staples, and real estate. The Dow Jones index rose by 455 points or 1.6%. The S&P500 index lifted by 1.5% and the Nasdaq index rose by 117 points or 1.0% - both closing at record highs.

So-called ‘defensive’ areas of the market did well including utilities, consumer staples and real estate. The Dow Jones index rose by 455 points or 1.6%. The S&P500 index lifted by 1.5% and the Nasdaq index rose by 117 points or 1.0% – both closing at record highs.

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