Wall Street rallies on coronavirus recovery hopes, Nasdaq hits new record close
Wall Street indices powered ahead on Monday as investors bet on the economy’s continued ability to recover from the coronavirus pandemic, with the Nasdaq reaching a new record close.
The tech-rich index gained 1.1 percent to finish the session at 9,924.74, more than 100 points above its previous peak in February.
The benchmark Dow Jones Industrial Average gained 1.7 percent to close at 27,572.44, while the broad-based S&P 500 rose 1.2 percent to 3,232.39.
Lockdowns saved many lives and easing them risk a second wave, say scientistsLockdowns imposed to curb the spread of COVID-19 have saved millions of lives and easing them now carries high risks, according to two international ... Coronavirus
Coronavirus: Situation ‘worsening’ says WHO chief, urges world not to let up on fightNew coronavirus cases had their biggest daily increase ever as the pandemic worsens globally and has yet to peak in central America, the World Health ... Coronavirus
Coronavirus: Pakistan cases surge over 100,000 as hospitals warn of bed shortagesPakistan has recorded more than 100,000 cases of coronavirus, health authorities said Monday, as hospitals warned they are running out of beds to ... Coronavirus
Joyful PM Ardern declares New Zealand coronavirus victoryReports