· The Dow Jones Industrial Average .DJI rose 54.33 points, or 0.25 percent, to 21,807.64, the S&P 500 .SPX gained 7.69 points, or 0.31 percent, to 2,465.54 and the Nasdaq Composite .IXIC added 17.74 points, or 0.28percent, to 6,393.31.
Wall Street climbed on Wednesday, boosted by energy shares and helped by news of an agreement to extend the debt limit, as stocks bounced back from a day-earlier selloff.
· U.S. stocks built on moderate gains after news that President Donald Trump, siding with Democrats over his fellow Republicans, said he agreed to pass an extension of the U.S. debt limit until Dec. 15, potentially avoiding an unprecedented default on U.S. government debt.
· Data showed U.S. services sector activity accelerated in August amid strong gains in new orders and employment, while another report showed only a modest rise in the trade deficit in July - the latest signs that the economy had gathered momentum early in the third quarter.
· A Federal Reserve survey showed the U.S. economy expanded at a modest to moderate pace in July through mid-August.
· Asia markets rose on Thursday, following the stronger lead from Wall Street overnight on political developments out of Washington.
· Japan's Nikkei 225 rose 0.49 percent in early trade after the dollar strengthened overnight.
Reference: Reuters, CNBC
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