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Dow soars 290 points; S&P just shy of record high

NEW YORK (77 WABC) — The Dow Jones surged 290 points to close at 27,976. It was 1% boost on the day.

The blue chip index flirted with the 28,000 plateau late in the session.

The Nasdaq jumped more than 2%, while the S&P gained 1.4%, its biggest move since July 6. It fell just short of the intraday record of 3,393.

Facebook, Amazon and Netflix all increased at least 1.5%. Microsoft and Apple jumped more than 2.5%.

 

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