Dow Jones recovers footing on Thursday

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Dow Jones recovers footing on Thursday
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The Dow Jones Industrial Average (DJIA) rose 1.1%, or 450 points, on Thursday, buoyed by a forecast beat in US Gross Domestic Product (GDP) growth numbers in Q2.

The Dow Jones rose 450 points on Thursday as sentiment recovered. US GDP figures bolstered investor confidence after printing above expectations. US PCE inflation numbers still loom ahead on Friday. The Dow Jones Industrial Average rose 1.1%, or 450 points, on Thursday, buoyed by a forecast beat in US Gross Domestic Product growth numbers in Q2. US Personal Consumption Expenditure Price Index inflation data, due on Friday, is still the key print of the week.

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