Dow Pops 239 Points, But Will Brexit Plan B Spoil the Stock Market Party?

Sam Bourgi
Updated
dow jones rally
dow jones rally

By CCN.com: U.S. stocks continued higher through the midday session on Friday, as upbeat corporate earnings offset lingering fears about global economic growth and a looming Brexit vote in the British parliament on Tuesday.

Dow Pounds Higher as Stocks Climb

Wall Street’s major indexes opened sharply higher on Friday, reflecting a strong pre-market session for U.S. stock futures. The Dow Jones Industrial Average rose by as much as 307 points during the morning session. It was last up 239 points, or 1%, at 24,792.85.

dow jones industrial index
dow jones industrial index

The broad S&P 500 Index climbed 1% to 2,668.88, with ten of 11 primary sectors contributing to the gains. Materials stocks were in the driver’s seat midday, gaining 2.4% on average.

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