By the close, the Dow, S&P 500 and Nasdaq had notched their largest daily percentage gains in nearly a decade. The S&P 500 retailing index jumped 7.4 percent, while shares of online retailer Amazon, which touted a "record-breaking" season, climbed 9.4 percent. All 11 major S&P 500 sectors ended in positive territory, with the technology sector, after being beaten up during the recent pullback, rising 6.1 percent. Indeed, S&P 500 futures weakened modestly when trading resumed later on Wednesday to kick off the overnight session. The S&P 500 posted no new 52-week highs and 194 new lows; the Nasdaq Composite recorded eight new highs and 529 new lows.

Source: bd News24 December 26, 2018 23:15 UTC