Dow jumps over 260 points in premarket trading

Wednesday, 12. August 2020 10:10

Major stock indexes in the United States traded in the green premarket on Wednesday after yesterday's decision of the US President Donald Trump to purchase 100 million doses of Moderna’s experimental coronavirus vaccine, which is currently in late-stage human trials. Meanwhile, the US added 53,000 new COVID-19 cases and 1.100 deaths in the last 24 hours.

The Dow Jones Industrial Average grew 261 points or 0.94% at 4:09 am ET, while the Nasdaq 100 advanced 0.89% at the same time. The S&P 500 increased by 0.76% a minute later.

The euro was up by 0.07% against the greenback at 4:09 am ET, selling for $1.17504.

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Breaking the News / TF