Dow Jones jumps over 250 points at closing bell

Wednesday, 21. July 2021 22:00

Major stock markets in the United States posted major gains at the closing bell on Wednesday with business news and earnings results marking the day. Johnson & Johnson reached a $5 billion opioid settlement in the US, while Microsoft announced the acquisition of CloudKnox.

Legislators in the Senate are set to go ahead and proceed with Joe Biden's $1.2 trillion stimulus package, however, they need full support from the Democrats and an additional 10 votes from the Republican senators.

The Dow Jones surged 0.83% or 285 points at the close, as Chevron Corp. soared 3.42%. The Nasdaq 100 climbed 0.78% or 114 points, with ASML Holding NV surging 5.40%. The S&P 500 rose 0.82%. Chipotle Mexican Grill advanced 11.53% to lead the table. The euro gained 0.16% against the dollar to trade for 1.17996 at 4:01 pm ET.

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