As the COVID-19 death toll in the United States continues to climb, American stocks are, in a grim divergence, recovering lost ground.
It isn’t clear precisely why locally-listed equities have risen in recent weeks, let alone today, but let’s go over the day’s results so that we’re all on the same page.
In regular trading today, the Dow Jones Industrial average rose 558.99 points, or 2.39%, while the broader S&P 500 rose 84.83 points, or 3.06%. But it was the tech-heavy Nasdaq that posted the largest rally of the major American indices by gaining 323.32 points or 3.95%.
