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.

American Markets News

Americas News

Markets

Wall Street rises as chip stocks rebound ahead of Big Tech earnings
2026-07-20 14:51 UTC
Wall Street's major indexes advanced on Monday, led by a rebound in semiconductor stocks, as ...
Americas News

Markets

US stocks fall as chip selloff deepens
2026-07-17 15:20 UTC
US stocks declined on Friday as investors reassessed the artificial intelligence-driven rally that ...
Americas News

Markets

Nasdaq and S&P 500 Decline as Chip Stocks Remain Under Pressure Ahead of Earnings
2026-07-16 15:01 UTC
The S&P 500 and Nasdaq indices moved lower on Thursday as continued weakness in semiconductor ...