Dow Rises for Third Day in Row

The New York Stock Exchange (NYSE) indices surged on Tuesday, with the Nasdaq recording its third consecutive daily rise, while the Dow and S&P 500 recovered their losses on Monday.

The Dow Jones Industrial Average added 2.13% or 556.8 points to settle at 26,642.59.

Meanwhile, S&P 500 and the Nasdaq Composite closed higher by 1.34% and 0.94%, respectively.

A decline in the number of new cases across some states helped improve investors’ sentiment, especially with positive remarks from Fed officials on the importance of combating the current high unemployment rate.