NEW YORK, N.Y. – Stocks soared on the last trading day of January, with Microsoft, Visa and other tech stocks making biggest gains during the widespread buying.
On Friday:
The Dow Jones industrial average climbed 396.66 points, or 2.5 per cent, to 16,466.30.
The Standard & Poor’s 500 index rose 46.88 points, or 2.5 per cent, to 1,940.24.
The Nasdaq composite index jumped 107.28 points, or 2.4 per cent, to 4,613.95.
For the week:
The Dow rose 372.79 points, or 2.3 per cent.
The S&P 500 gained 33.34 points, or 1.8 per cent.
The Nasdaq added 22.77 points, or 0.5 per cent.
For the year:
The Dow is down 958.73 points, or 5.5 per cent.
The S&P 500 is down 103.70 points, or 5.1 per cent.
The Nasdaq is down 393.46 points, or 7.9 per cent.
