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Dow rises 100 points as Wall Street adds to its biggest quarterly gains in decades


Tuesday, 30 June 2020 23:19 WIB

Saham ASWallstreet


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Stocks rose on Tuesday as Wall Street wrapped up its best quarterly performance in decades.

The Dow Jones Industrial Average traded 100 points higher, or 0.4%. The S&P 500 and Nasdaq Composite advanced 0.8% and 1.1%, respectively.

Apple rose nearly 1% to lead the Dow higher. Amazon and Netflix advanced 1.9% and 1.1%, respectively. Micron jumped more than 6% following the company’s better-than-expected earnings report. Micron gave strong forward revenue guidance. Shares of Lululemon gained 4.8% on news it will acquire at-home fitness company Mirror for $500 million.

The major averages hit their session highs after Florida reported a 4.2% increase in coronavirus cases, which is below a seven-day average of 5.6%.

Source: CNBC


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