Open Demo Account
Home / Market Update / Global Stock Market / Nasdaq Breaks Another Record

Nasdaq Breaks Another Record

M. Ali 11 July, 2020 1:07 am Global Stock Market, Market Update

The New York Stock Exchange (NYSE) maintained its gains on Friday, despite the United States seeing a new record high of new coronavirus cases, with the Nasdaq reaching a new all-time high closing level.

Energy stocks achieved noticeable gains, supported by the recent IEA report that suggested improved demand for oil in 2020, compared with previous forecasts.

The Dow Jones Industrial Average gained 369.2 points, or 1.4%, and closed at 26,075.30.

The S&P 500 added 1% to settle at 3,185.04.

The Nasdaq Composite Index increased by 0.7% and closed at another record level at 10,617.44.

Tags

Check Also

Yen Soars as Powell’s Remarks Spur Rate Cut Bets

The Japanese yen advanced sharply against the US dollar on Friday, as Federal Reserve Chair …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends