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Wall St. surges on promising coronavirus drug

Thursday, 30 April 2020 03:13 WIB

Indeks S&P 500 Indeks Dow Jones SahamAS

U.S. stocks surged on Wednesday as expectations of an effective COVID-19 treatment prompted a broad rally and helped investors shrug off bleak GDP data and words of warning from U.S. Federal Reserve Chair Jerome Powell.

The Dow Jones Industrial Average rose 527.85 points, or 2.19%, to 24,629.4, the S&P 500 gained 76.17 points, or 2.66%, to 2,939.56 and the Nasdaq Composite added 306.98 points, or 3.57%, to 8,914.71.

Source : Reuters

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