Wednesday 16 December 2020: US stocks rose sharply on Tuesday as traders grew more optimistic.
Dec 15, 2020 ·
4m 42s
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
US stocks rose sharply on Tuesday as traders grew more optimistic about Congress passing another economic relief package. The Dow Jones gained +337 points or +1.13%, the S&P 500 advanced...
show more
US stocks rose sharply on Tuesday as traders grew more optimistic about Congress passing another economic relief package. The Dow Jones gained +337 points or +1.13%, the S&P 500 advanced +1.29%, snapping a four-day losing streak. The Nasdaq climbed +1.25%, reaching a new record closing high. Apple led the Dow higher, jumping 5% after Nikkei reported the company will increase iPhone production by about 30% in the first half of 2021. All 11 S&P 500 sectors registered gains on Tuesday, led by energy and utilities.
show less
Information
Author | Morgans Financial Limited |
Organization | Morgans Financial Limited |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company