EMG6 Apr 2020 22:21
US STOCKS SNAPSHOT-Wall Street soars 7% on hopes of slowing coronavirus deaths
Mon, 6th Apr 2020 21:03Thomson Reuters
NEW YORK, April 6 (Reuters) - U.S. stocks rocketed higher on
Monday, with each of the major indexes rallying about 7%, after
a fall in the daily death toll in New York, the country's
biggest coronavirus hot spot, fueled optimism a leveling off of
the pandemic was on the horizon.
The Dow Jones Industrial Average rose 1,627.46
points, or 7.73%, to 22,679.99, the S&P 500 gained 175.03
points, or 7.03%, to 2,663.68 and the Nasdaq Composite
added 540.16 points, or 7.33%, to 7,913.24.
(Reporting by Chuck Mikolajczak; Editing by Sandra Maler)