U.S. Stocks Rise Despite Jitters Over China Evergrande
U.S. stocks rose, pointing to gains for major indexes as investors remained upbeat that trouble with property giant China Evergrande Group can be contained.
The S&P 500 rose 1.3% Thursday, a day after a Federal Reserve policy update sent the stocks gauge to its biggest one-day gain since July. The Dow Jones Industrial Average was up 1.6%. The technology-focused Nasdaq Composite Index added 0.9%.
