US Close 18 Mar 16: Dow turns positive for the year helped by FED comments and lower USD
CommSec

US Close 18 Mar 16: Dow turns positive for the year helped by FED comments and lower USD

2016-03-18
 US sharemarkets posted solid gains on Thursday as investors celebrated an economy in good shape with stable interest rates. Higher oil prices lifted the energy sector. Shares in FedEx soared by 11.8% after the courier company forecast earnings that were higher than market expectations. But shares in Eli Lilly fell by 4.7%, weighing on the healthcare sector. The Dow Jones gained 155 points or 0.9% after being up 203 points. The S&P 500 index was up by 0.7% while the Nasdaq rose by 11 points or 0.2%.
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