Wednesday, 15 July 2020
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Wall Street closes up on signs of economic rebound

Wall Street posted gains on Tuesday as market participants looked past widespread social unrest and pandemic worries to focus instead on easing lockdown restrictions and signs of economic recovery.

Tech shares, along with cyclical stocks like industrials and financials, gave the biggest lift to all three major stock indexes.

Unofficially, the Dow Jones Industrial Average rose 1.05% to end at 25,742.17 points, while the S&P 500 gained 0.82% to 3,080.79. The Nasdaq Composite climbed 0.59% to 9,608.59.

Source : Reuters

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