Market

Dow Soars by 750 Points Amidst Strong Consumer Confidence and Market Gains

Wall Street's Impressive Rally Continues

Wall Street Rally

The major stock market indexes in the United States experienced significant gains on Friday, driven by the recent improvement in consumer confidence. Investors are also closely watching the potential impact of the government's ability to secure near-future funding.

At 11:47 am ET, the Dow Jones Industrial Average surged by 1.77%, equivalent to 751 points. Simultaneously, the Nasdaq 100 jumped by 1.76%, or 372 points, while the S&P 500 soared by 1.70%. Meanwhile, the euro strengthened by 0.59% against the dollar, trading at $1.04296.