Thursday was the Dow’s best day since January 6.
Major stock indexes notched their best day in months Thursday thanks to mid-earnings season optimism fueled by a blockbuster report from Facebook parent Meta—though the gains were once again largely driven by a handful of mega-cap stocks.The Dow Jones Industrial Average jumped 506 points, or 1.5%, to 33,807 points, while the S&P 500 and tech-heavy Nasdaq rose 1.9% and 2.4%, respectively.
Those six stocks—the world’s six largest tech companies and eight of the world’s 10 biggest companies—added nearly $320 billion in market capitalization Thursday.
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