US markets end higher on stimulus hopes

Wednesday, 30. September 2020 22:06

Wall Street ended the trading day on Wednesday amid rising hopes for the COVID-19 aid package. The sentiment was also helped by better-than-expected economic data. Automatic Data Processing's (ADP) National Employment Report showed that the number of jobs in the United States' private sector rose by 428,000 in August.

The Dow Jones jumped 1.20% or 329 points with American Express growing 2.60%. The Nasdaq 100 gained 0.84% at the same time. Baidu was the best performer growing bt 3.28%. The S&P 500 advanced by 0.83% as Duke Energy Corp surged by 7.41%.

The euro lost 0.20% versus the dollar at 12:32 pm ET, selling for $1.17212.

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