After a 600+ point run earlier in the day, the Dow Jones Industrial Average closed higher. shares rose more than 5% intraday and stood as the largest contributor to the Dow’s jump.
At 4:01 p.m. ET, the $Dow Jones Industrial Average (.DJI.US)$ closed up 461 points (1.06%). The $S&P 500 Index (.SPX.US)$ was up 37 points (0.53%) and the $Nasdaq Composite Index (.IXIC.US)$ was up 0.03%.
Bitcoin hit a new intraday high of $99,000. How will the week end?
$Snowflake (SNOW.US)$ stole the show today as its shares closed up 32%. The stock is headed for its best day ever after Wednesday’s strong earnings report. Wednesday’s darling Nvidia underwent seesaw trading before closing up 0.53% for the day.
While Bitcoin hit a new intra-day peak of $99,000, crypto-linked shares were volatile. $MicroStrategy (MSTR.US)$ shares fell more than 13%, a reversal from a morning surge of nearly 15%. This comes after a record high on Wednesday.
After the bell, NetApp, Intuit, Gap, Ross Stores will report earnings.
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After the bell, NetApp, Intuit, Gap, Ross Stores will report earnings.
