Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

US stocks rise after Vice President Pence remarks

Economies.com
2020-05-20 14:09 UTC

The major US stock indices rose on Wednesday, following the US Vice President Mike Pence comments yesterday.

 

The Vice President said that all 50 US states had partially started opening their economies after the coronavirus epidemic.

 

Yesterday Wall Street suffered losses after Star News reported that scientists stressed doubts about the lack of data to assess the tests of the "Moderna" vaccine, which are still only preliminary results.

 

The US Federal Reserve will release later today the minutes of its April's meeting, in which the Fed held the US rate near zero.

 

As for stocks, Dow Jones rose 1.5% or 370 points to 24,580 as of 14:07 GMT, Nasdaq rose 1.8% or 166 points to 9,351, and S&P 500 rose 1.6% or 47 points to 2,960.

Was this useful?

Thanks for your feedback.

American Markets News

Europe News

Markets

ECB holds interest rates at 2.5% as Lagarde announces early departure
2026-10-29 13:44 UTC
The European Central Bank left interest rates unchanged on Thursday, October 29, maintaining its ...
Europe News

Markets

European stocks rise ahead of ECB decision as earnings support sentiment
2026-10-29 11:08 UTC
European stocks advanced on Thursday, October 29, supported by gains in German and French equities ...
Europe News

Markets

Oil prices fall as US-Iran peace hopes ease supply concerns
2026-10-29 09:51 UTC
Oil prices declined on Thursday, October 29, reversing part of the previous session's gains as ...