Global Markets: Wall Street roars back, Dow registers biggest ever intraday gain
Apple shares jumped 9.3 per cent, leading the gainers in the Dow. All of the 11 primary S&P 500 sectors gained, with utilities and technology up 5.86 percent and 5.7 per cent, respectively, outpacing the rest. The market movement followed a massive rout in the previous week.
US equities posted huge losses for the week ended February 28, as investors fled the stock market and flocked into safe-haven assets amid risk-averse sentiment, Photo: Reuters