Home / Market Update / Global Stock Market / NYSE Closes Higher Amid Vaccine Hopes

NYSE Closes Higher Amid Vaccine Hopes

The New York Stock Exchange (NYSE) rose on Monday, amid a positive performance by most stock markets on renewed hopes for developing a COVID-19 vaccine.

The Dow Jones Industrial Average increased by 328 points, or 1.2%.

The S&P 500 index closed higher by 1.3%, while the Nasdaq Composite showed recovery signs and surged by 1.9%.

Check Also

Bitcoin Faces Continued Pressure Amid Fed’s Hawkish Stance

Bitcoin traded marginally lower on Monday, reflecting ongoing caution among investors as macroeconomic uncertainties and …