Morning markets: Wall Street rally buoys shares

clock

The Dow Jones closed higher at 10611.81, up 44.51 points (0.42%), marking its third day of rises and its highest closing level since January 19.

Topping the winners' board was International Business Machines Corp, up 1.98 points (0.58%) to $127.60 per share. Elsewhere The Home Depot Inc. was trading buoyantly at $31.13, up 0.42 points (1.32%), in the wake of being lauded as one of the ‘Most Valuable US Retail Brands". Materials and industrials components continued to suffer with 3M, trading at $81.26, down 0.30 points (0.37%). Elsewhere Coca Cola was down 0.60 points (1.1%) trading at $53.60. The strong showing from the US impacted on other markets around the globe with the FTSE at 5617.95, up 0.69 points (0.01%). A stro...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Five key takeaways from the Spring Statement 2025

Five key takeaways from the Spring Statement 2025

OBR growth, ISA reforms and defence

Sorin Dojan
clock 27 March 2025 • 4 min read
Bank of England halts interest rate cuts amid ongoing inflation

Bank of England halts interest rate cuts amid ongoing inflation

As priced in by markets

Sorin Dojan
clock 20 March 2025 • 2 min read
More work needed to tackle inflation as BoE members warn of further market turmoil

More work needed to tackle inflation as BoE members warn of further market turmoil

BoE MPC members spoke at Treasury Committee hearing

Sorin Dojan
clock 06 March 2025 • 2 min read