Open Demo Account
Home / Market Update / Global Stock Market / NYSE Logs Highest Gains in a Week

NYSE Logs Highest Gains in a Week

M. Ali 3 September, 2020 12:57 am Global Stock Market, Market Update

The New York Stock Exchange (NYSE) registered its biggest gains in a week on Wednesday, supported by positive economic data that signaled a strong recovery from the COVID-19 crisis.

Additionally, news about vaccine and treatments for the virus helped boost investors’ sentiment and the risk appetite.

The Dow Jones Industrial Average gained 454.84 points, or 1.59%, and closed at 29,100.5 points.

The S&P 500 index closed at a record 3,580.84, after surging by 54.19 points or 1.54%.

Similarly, the Nasdaq Composite gained 116.78, or 0.98%, and finished at 12,056.44 points.

Tags

Check Also

US Retail Sales Could Delay Interest Rate Cuts for Longer

US retail sales recorded another increase in April, partly driven by rising prices, signaling that …

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