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Bulls In Charge As Indexes Head Higher; Small Caps, Oil Names Lead

Major stock indexes ended with solid gains Thursday as the 2018 stock market rally showed no signs of letting up. The Russell 2000 small-cap index was the star of the day, rising around 1.7%.

Bitcoin was volatile again, giving up the 14,000 level, after published reports said South Korea is taking steps to ban trading of the cryptocurrency. Bitcoin Investment Trust (GBTC) ended at 1,700, down 13%. Bitcoin itself was trading around 13,500 at 4 p.m. ET.

The Nasdaq composite and Dow Jones industrial average ended with gains of 0.8%, while the S&P 500 added 0.7%. Preliminary data showed volume on the NYSE and Nasdaq coming in close to Wednesday's levels.

The stock market tried to sell off Wednesday, but buyers came in and lifted indexes well off session lows.

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MARKET SUMMARY

INDICES

Name Last Change
DOW 24462.90 0.83%
S&P 500 2670.14 0.86%
NASDAQ 7146.13 1.29%
TSX 15484.32 0.19%
TSX-V 804.96 0.00%
RTY 1564.12 0.62%

Technology

Name Last Change
APPL 165.72 4.27%
GOOG 1.00 1.37%

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