French election results catapult Wall Street higher; Nasdaq sets record

French election results catapult Wall Street higher; Nasdaq sets record

Tuesday, April 25, 2017
Wall Street
Wall Street

US stocks rallied on Monday, tracking a relief rally that swept through Asian and European markets, after centrist candidate and market favourite Emmanuel Macron won the first round of the French presidential election.

The Dow Jones Industrial Average rose 216.13 points, or 1.05 percent, to 20,763.89, the S&P 500 gained 25.46 points, or 1.08 percent, to 2,374.15 and the Nasdaq Composite added 73.30 points, or 1.24 percent, to 5,983.82.

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