NEW YORK, June 26 ― Global equity benchmarks moved higher in choppy trading yesterday as investors gauged the potential economic impact of a surge in US coronavirus cases and loosening restrictions on the US banking sector, while perceived safe-haven assets, including US Treasuries and the...
Friday, 26 Jun 2020 07:18 AM MYT
In the United States, Florida, Oklahoma and South Carolina reported record increases in new cases on Wednesday and Australia posted its biggest daily rise in two months. After a white-hot few months in which world stock markets rebounded nearly 40 per cent, nervousness about the impact of Covid-19 continues to weigh on investor sentiment.
On Wall Street, the Dow Jones Industrial Average rose 298.77 points, or 1.17 per cent, to 25,744.71, the S&P 500 gained 33.34 points, or 1.09 per cent, to 3,083.67 and the Nasdaq Composite added 107.84 points, or 1.09 per cent, to 10,017.00.
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