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US stocks jump in an upbeat end to tumultuous quarter; Dow rises 1%

The year started strong, but early gains evaporated as the markets entered a correction over interest rate jitters

Markets, Stocks, BSE, NSE
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Markets, Stocks, BSE, NSE

Reuters
Wall Street surged on Thursday, bringing an upbeat end to a tumultuous, holiday-shortened week as technology stocks rebounded, but the S&P 500 and the Dow Jones Industrial Average posted their biggest quarterly declines in more than two years.

The year started strong, but early gains evaporated as the markets entered a correction over interest rate jitters, fears of an escalating import tariff dispute between the United States and China, and a selloff in the tech sector.

Tech stocks reversed course on Thursday and the S&P 500 information technology index closed up 2.2 percent after reaching a session high of 3.2 percent, helping

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First Published: Mar 30 2018 | 2:50 AM IST

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