Wednesday, 03 June 2020
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Dow logs nearly 700-point gain as investors focus on efforts to slow down coronavirus

U.S. stock indexes ended sharply higher Monday, with the main benchmarks booking gains of at least 3% as investors appeared to take comfort from a more sober tone from the White House about the coronavirus epidemic.

The Dow Jones Industrial Average DJIA closed up about 688 points, or 3.2%, settling at about 22,325, while the S&P 500 SPX added about 85 points, 3.35%, to close near 2,626. The Nasdaq Composite index COMP closed near 7,774, up about 272 points or 3.6%.

Shares of Microsoft Inc. MSFT popped more than 7% as analysts say the company is well-positioned as Americans continue to work from home.

Source : MarketWatch

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