Wall Street sees best day of trading in nearly two years amid recovery rally

Wall Street sees best day of trading in nearly two years amid recovery rally


Wall Street sees best day of trading in nearly two years amid recovery rally
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Wall Street enjoyed its best day of trading in nearly two years, recovering most of the losses it suffered during a sell-off sparked by US economic fears earlier this week.

The S&P 500 rose 2.3% to 5,319.32, its biggest single-day jump since November 2022. The Dow Jones industrial average rose 1.8% to 39,446.49. The technology-focused Nasdaq Composite rose 2.9% to 16,660.02.

While the American workforce has remained unexpectedly resilient in recent years, adding an average of 215,000 jobs each month over the past year, economic anxiety looms large. In July, 114,000 jobs were added.

Now inflation is falling back, Fed officials are preparing to cut rates. Critics have accused them of waiting too long. They are next due to convene in September.

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Travel Chaos as American Airlines, Delta, JetBlue, and United Faces 259 Delays and 4 Cancellations to New York, Chicago, London and Major US Cities
  • by travelandtourworld
  • descember 09, 2016
Travel Chaos as American Airlines, Delta, JetBlue, and United Faces 259 Delays and 4 Cancellations to New York, Chicago, London and Major US Cities

Boston Logan International Airport (BOS) is one of the busiest airports in the United States. Travel issues have bogged down Logan Airport today. There are currently 259 delays and 4 cancellations. Delays and cancellations are affecting travelers in the city, and the surrounding community, even international travelers. Business and leisure travelers are frustrated and confused with the delays and cancellations. Airport staff have been criticized for the operational issues and they have been working to fix the airport as quickly as they can.

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