US Close 16 Sept 16: Another 1 percent swing on U.S. markets this time higher

US sharemarkets posted solid gains on Thursday. Investors noted that the chances of an interest rate hike next week eased from 15% to 12% after the release of new economic data. Shares in Apple rose by 3.4% on reports that the new iPhone 7 Plus had sold out. The Dow Jones index ended firmer by 178 points or 1.0% after being up 235 points at one stage. The S&P500 index rose by 1.0% and the Nasdaq rose by 76 points or 1.5%.

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