Dow Jumps Over 300 Points; US Industrial Production Beats Estimates

1. Dow gained 0.76%, surpassing 43,482.39 due to positive U.S. industrial production. 2. U.S. industrial production rose 0.9%, exceeding expectations of 0.3% increase. 3. Consumer discretionary shares surged by 1.4%, indicating strong economic activity. 4. Utilities shares slightly fell by 0.1%, contrasting with other sector performances. 5. European markets also saw gains, which may boost U.S. market sentiment.