Dow surges over 450 pts at close on positive data

Monday, 06. July 2020 22:00

Major stock markets in the United States closed higher on Monday after positive reports from the IHS and the ISM, as both indexes saw a rise compared to the previous month. Meanwhile, the shares of Tesla and Amazon climbed to new all-time records.

The Dow Jones Industrial Average surged 1.78% or 464 points at the close, with Goldman Sachs Group Inc advancing 5.05%. The Nasdaq 100 increased by 2.53% led by Tesla with 13.48%. The S&P 500 gained 1.59% as Freeport-McMoRan Inc grew by 10.87%.

The euro went up by 0.55% to the dollar to sell for $1.13083 at 3:57 pm ET.

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Breaking the News / JR