Stocks jump the most in a week as U.S. growth outweighs concerns over rising coronavirus infections

Unofficially, the Dow Jones Industrial Average rose 543.68 points, or 2.11 per cent, to 26,306.84, the S&P 500 gained 60 points, or 1.96 per cent, to 3,126.59 and the Nasdaq Composite added 173.38 points, or 1.78 per cent, to 9,899.40.

Stocks briefly pared gains after Florida reported that new cases rose to the highest level since the pandemic began and Texas saw hospitalizations surge. Elsewhere, Beijing shut its schools on concern about new infections. Government stimulus has been a key feature of the global equities rally, despite soaring unemployment and signs that a second wave of the virus has started to emerge. Now there are signals that more economic support is on the way.Article content continued

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks are ‘overvalued’, but investors scream buy: BofAStocks are ‘overvalued’, but investors scream buy: BofA GlobeInvestor globeinvestor Why put the link to the article if only subscribers can read it?
La source: globeandmail - 🏆 5. / 92 Lire la suite »

Asian stocks follow Wall St higher after U.S. Federal Reserve ups bond buysAsian shares rose Tuesday, cheered by fresh moves by the U.S. Federal Reserve to support markets battered by the coronavirus pandemic.
La source: CTVNews - 🏆 1. / 99 Lire la suite »

Dividend-growth stars, Buffett-style value pick and big-name stocks dropped from TSX indexes: What you need to know in investing this weekDividend-growth stars, Buffett-style value pick and big-name stocks dropped from TSX indexes: What you need to know in investing this week (subscribers) GlobeInvestor
La source: globeandmail - 🏆 5. / 92 Lire la suite »

Asian stocks follow Wall St higher after U.S. Federal Reserve ups bond buysAsian shares rose Tuesday, cheered by fresh moves by the U.S. Federal Reserve to support markets battered by the coronavirus pandemic.
La source: CTVNews - 🏆 1. / 99 Lire la suite »