Sentiment about China changes and Wall Street rocks again

FXstreet.com (San Francisco) - The US stocks rose on Thursday and recovered previous day losses as positive earnings reports and economic data from China fueled sentiment. In addition, hopes of ‘looser for longer’ monetary policy added the pinch of salt.

The Dow traded just 200 points ahead of record high, the S&P closed above 1,750 and the Nasdaq enjoyed the Apple’s rally on Icahn recommendations to appreciate share's price.

The DJIA advanced 95.88 points or 0.62% to close the day at 15,509.21; the S&P 500 added 5.69 points or 0.33% to end the session at 1,752.07; and the Nasdaq Composite won 21.89 pts or 0.56% to 3,928.96.