US stocks closed higher on Wednesday, as investors digested a batch of latest data, and strong shares of Apple contributed to daily market gains.
The Dow Jones Industrial Average increased 227.61 points, or 0.85 per cent, to 27,137.04. The Siamp;P 500 rose 21.54 points, or 0.72 per cent, to 3,000.93. The Nasdaq Composite Index rallied 85.52 points, or 1.06 per cent, to 8,169.68.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 3.88 per cent to 14.61 on Wednesday.
As of Tuesday, the Siamp;P US Listed China 50 index stood at 2,865.28, marking a 1.33 per cent increase for the month-to-date returns and a 25.05 per cent gain for the year-to-date returns.