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NYSE Ends Higher on Stimulus Hopes

M. Ali 8 October, 2020 2:15 am Global Stock Market, Market Update

The New York Stock Exchange (NYSE) closed Wednesday higher on the back of renewed hopes for a stimulus package by the Congress.

The Dow Jones Industrial Average surged by 530.70 points, or 1.91%, to finish at 28,303.46 points.

S&P 500 closed higher by 58.50 points, or 1.74%, at 3,419.45 points.

Meanwhile, the Nasdaq Composite settled at 11,364.6, rising by 210 points, or 1.88%.

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