Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019. REUTERS/Brendan McDermid
NEW YORK (Reuters) - Wall Street extended its rally into a fifth straight session on Thursday with whipsaw trading as investors responded to mixed comments by U.S. Federal Reserve Chairman Jerome Powell, while a warning from Macy’s pummeled retail stocks.
The Dow Jones Industrial Average .DJI rose 119.27 points, or 0.5 percent, to 23,998.39, the S&P 500 .SPX gained 11.5 points, or 0.44 percent, to 2,596.46 and the Nasdaq Composite .IXIC added 28.99 points, or 0.42 percent, to 6,986.07.
Reporting by Noel Randewich; editing by Jonathan Oatis
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