Wall Street Rises with Global Markets, Big Tech leads again
New York, Wall Street is starting August with more gains, and U.S. stocks are climbing in early Monday trading following encouraging reports from around the world on the economy, AP reported.
The S&P 500 was 0.7% higher, while the Dow Jones Industrial Average was up 215 points, or 0.8%, at 26,643, as of 10:05 a.m. Eastern time, and the gains for tech stocks helped the Nasdaq composite jump 1.3%.
Many competing currents are pushing the market in different directions, but the coronavirus pandemic and its impact on the economy remain the most forceful.
Source: Saudi Press Agency