Off The Wire
Wall Street roars back, sparked by stimulus hopes
NEW YORK (Reuters) - Wall Street surged on Monday as investors hunted for bargains following reassurances by central banks that they stood ready to counter the economic impact from the coronavirus following last week’s steep sell-off.
The Dow Jones Industrial Average rose 1,296.81 points, or 5.1%, to 26,706.17, the S&P 500 gained 136.3 points, or 4.61%, to 3,090.52 and the Nasdaq Composite added 384.80 points, or 4.49%, to 8,952.17.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
 |
