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NYSE Closes Higher on Stimulus Package

M. Ali 28 July, 2020 12:42 am Global Stock Market, Market Update

The New York Stock Exchange (NYSE) settled lower on the first session of the week, closing higher on Monday on the back of news about a new $1 trillion stimulus package to be soon approved by the US Congress.

The Dow Jones Industrial Index rose by about 115 or 0.43%, while the S&P 500 increased by 23.78 or 0.74%.

Meanwhile, the Nasdaq Composite Index surged by 173.09 or 1.67%.

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