Wall St. logs biggest two-day gain since financial crisis

August 27, 2015 8:10 PM

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Wall St. logs biggest two-day gain since financial crisis

Wall Street rallied more than 2 percent on Thursday as strong U.S. economic data and hints that a September interest-rate hike was unlikely fueled optimism that the worst of recent market turmoil was over.

The Dow Jones industrial average scored its biggest two-day percentage gain since 2008, while the S&P 500 and Nasdaq Composite racked up their biggest two-day increases since 2009.

Also read: U.S. economy added 178,000 jobs in November; unemployment rate dropped to 4.6 percent

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