Wall Street ends sharply higher as tech jumps

Monday, 12. October 2020 22:00

Major stock market indexes in the United States ended with sharp gains on Monday as the technology sector led the gains ahead of Apple's next event where the company plans to announce a series of new products, including the iPhone 12.

The Dow Jones Industrial Average increasing by 0.87%. The Nasdaq 100 surged 3.09% at the end of the day, with Apple and Pinduoduo both soaring over 6%. Amazon also jumped as it ended 4.75% higher ahead of its Prime Day. The S&P 500 finished 1.64% higher.

The euro decined 0.16% against the dollar to trade for 1.18121 at 4:01 pm ET.

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Author:
Breaking the News / VP