NEW YORK (Reuters) – Wall Street picked up speed on Wednesday as signs of financial recovery helped financiers look previous increasing pandemic data and the potential of a brand-new round of financial lockdowns.
FILE PHOTO: Traders exit the 11 Wall St. door of the New York Stock Exchange (NYSE) in New York City, New York City, U.S., June 11,2020 REUTERS/Brendan McDermid
With all 3 significant U.S. stock indexes on course to publish their fourth consecutive day of gains, the S&P 500 and the Dow are now within about 7%and 11%of their particular record closing highs reached in February.
Tech shares led the Nasdaq’s more robust gain, and the index was hovering within half a portion point within its all-time closing high reached on June10
An inexpensive, common steroid called dexamethasone can assist in saving critically ill COVID-19 patients, according to a medical trial in Britain, a development that prompted the World Health Company to update its treatment guidelines.
Still, worries over a revival in the pand