Wednesday 16 December 2020: US stocks rose sharply on Tuesday as traders grew more optimistic.
Dec 15, 2020 ·
4m 42s
US stocks rose sharply on Tuesday as traders grew more optimistic about Congress passing another economic relief package. The Dow Jones gained +337 points or +1.13%, the S&P 500 advanced...
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US stocks rose sharply on Tuesday as traders grew more optimistic about Congress passing another economic relief package. The Dow Jones gained +337 points or +1.13%, the S&P 500 advanced +1.29%, snapping a four-day losing streak. The Nasdaq climbed +1.25%, reaching a new record closing high. Apple led the Dow higher, jumping 5% after Nikkei reported the company will increase iPhone production by about 30% in the first half of 2021. All 11 S&P 500 sectors registered gains on Tuesday, led by energy and utilities.
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