US stocks rise after Trump's executive order

US stock indices rose on Monday, as the market digested President Donald Trump's executive actions to mitigate the coronavirus crisis.

Meanwhile, the Trump administration imposed sanctions on some Hong Kong officials following Beijing's national security legislation, which has sparked criticism from Europe and the US.

While the Chinese authorities responded with sanctions and restrictions on 11 US officials, several of whom are members of the Senate.

President Donald Trump signed an executive order to extend the supplemental federal unemployment benefits to those who lost their jobs due to the coronavirus crisis, but with $400 per week, down from $600.

As for stocks, Dow Jones rose 0.7% or 60 points to 27,736 as of 13:49 GMT, Nasdaq rose 0.1% or 8 points to 11,019, and S&P 500 rose 0.3% or 10 points to 3,361.