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 extends heavy losses after weak data
2026-03-06 18:01PM UTC
US stock indices fell sharply during trading on Friday following comments from President Donald ...
Americas News

Markets

Dow Jones tumbles 800 points amid renewed concerns about US inflation
2026-03-05 16:59PM UTC
US stock indices declined during Thursday’s trading amid concerns about the impact of the war ...
Americas News

Markets

Wall Street marks huge losses, Dow Jones falls over 1000 points
2026-03-03 14:54PM UTC
US stock indices fell broadly at the start of trading on Tuesday as war and military operations ...