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

US stocks rise after Vice President Pence remarks

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

American Markets News

Americas News

Markets

Wall Street edges up on renewed hopes for Fed rate cuts
2025-11-21 16:16PM UTC
Most US stock indexes rose on Friday as optimism over potential Federal Reserve rate cuts ...
Americas News

Markets

Wall Street rallies after Nvidia's results
2025-11-20 15:31PM UTC
US stock indices rose on Thursday as strong demand for the technology sector followed ...
Americas News

Markets

Wall Street tumbles over 1% as tech shares face pressure
2025-11-18 15:09PM UTC
U.S. stock indexes fell at the start of Tuesday’s session as heavy selling resumed in ...