Wall Street gains ground
Economies.com
2022-05-20 14:44PM UTC
US stock indices rose on Friday amid hopes the central banks will intervene to support economies and prevent recession.
China's People's Central Bank announced a cut in in main interest rates on house mortgages to support the economy.
On Ukraine, the Senate approved a $40 billion aid bundle to Kiev.
Dow Jones rose 0.1% to 32,264 as of 14:30 GMT, while S&P 500 rose 0.2% to 3,910, as NASDAQ added 0.4% to 11,435.
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