US stock indexes shot up in early trade on Monday as encouraging data from a potential Covid-19 vaccine trial fueled optimism, while investors also counted on more stimulus to rescue the economy from a virus-driven slump.
[NEW YORK] US stock indexes shot up in early trade on Monday as encouraging data from a potential Covid-19 vaccine trial fueled optimism, while investors also counted on more stimulus to rescue the economy from a virus-driven slump.The S&P 500 opened higher by 68.68 points, or 2.40 per cent, at 2,932.38 after the open. The Nasdaq Composite gained 162.59 points, or 1.80 per cent, to 9,177.15.For daily updates on weekdays and specially selected content for the weekend.
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