US Close 28 Sept 16; US stocks rally on consumer confidence data

US sharemarkets rallied on Tuesday, as the upbeat consumer confidence data boosted discretionary stocks. Amazon rose 2% while the consumer discretionary index gained 1%. Growing consensus that Democrat Presidential Candidate Hillary Clinton won the presidential debate also supported stocks, The S&P technology sector rose 1.1%. The energy sector lost 0.5% following a 3% slide in oil prices. The Dow Jones index rose by 133 points or 0.7% with the S&P 500 index also higher by 0.6% while the Nasdaq rose by 48 points or 0.9%.

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