S&P closes at new all-time high; Nasdaq records biggest gain in a year

ISTANBUL

The S&P 500 closed at a fresh all-time high Thursday, while the Nasdaq recorded its biggest daily gain in a year.

The S&P 500 jumped 105.23 points, or 2.1%, to finish the session at 5,087.03.

The Dow Jones Industrial Average surged 456.87 points, or 1.18%, to 39,069.11 for a record-high close.

The Nasdaq, meanwhile, soared 460.75 points, or 2.96%, to end the day at 16,041.62 to mark its largest daily gain since February 2023.