Wall Street closes higher in ‘buy the dip’ session – Reuters

  • Date: 15-May-2021
  • Source: Reuters
  • Sector:Economy
  • Country:Middle East
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Wall Street closes higher in ‘buy the dip’ session – Reuters

Wall Street ended sharply higher at the close of a broad rally on Thursday, bouncing back from three straight days of selling on upbeat labor market data.

All three major U.S. stock indexes notched solid gains, with the Nasdaq, weighed by Tesla Inc (TSLA.O), picking up the rear.

Meanwhile, cyclical shares enjoyed the biggest gains.