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Wall Street grows on diminishing COVID-19 fears


八月, 24 2020
watermark Economic news

The American trading session opened with growth as the United States recorded its lowest coronavirus infection rate in two months. Moreover, the Food and Drug Administration (FDA) allowed the use of blood plasma from patients with coronavirus for its treatment.


As a result, the Dow Jones rose by 265 points (or 0.95%) to 28,195.25 points. The S&P 500 rose 0.71% to 3.421.2 while the Nasdaq Composite rose 0.6% to 11.378.56.


Facebook shares climbed 3.7% amid reports from The Wall Street Journal that Mark Zuckerberg was actively lobbying the US government against ByteDance, the Chinese firm that owns the TikTok app. Apple shares surged 2.6%, ignoring news that Microsoft has backed Fortnite's Epic Games, which has sued to defend its right not to pay a 30% commission to the iPhone maker for in-game purchases.


Tesla Inc. shares, however, fell 6% in the first 15 minutes of trading, but then stabilized at -3.1%. Zoom Video Communications Inc also declined 1.6% after reports of outages in the Eastern and Central time zones.


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外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。