Wall Street closes in green, Nasdaq reaches record high

Friday, 05. June 2020 22:00

Major stock markets in the United States finished the last trading session of the week significantly higher after the better-than-predicted unemployment numbers. President Donald Trump and his allies used the opportunity to claim the country will recover from the crisis caused by the coronavirus by the end of the year. In addition, the US president said he will request more fiscal aid and payroll tax cuts.

The Dow Jones Industrial Average was up 3.15% at the closing bell as Boeing Co. advanced 11.47%. The Nasdaq 100 jumped 2.02%, reaching a new all-time high. Align Technology Inc. was the best performer, gaining 10.82%. The S&P 500 rose 2.62%, with Apache Corp. surging 23.62%.

The euro decreased 0.42% against the dollar at 3:59 pm ET to sell for 1.12910.

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Author:
Breaking the News / MD