Wall Street rose on Wednesday on hopes the coronavirus outbreak in the United States was close to its peak, with health insurers boosted by ...
Wall Street rose on Wednesday on hopes the coronavirus outbreak in the United States was close to its peak, with health insurers boosted by Democratic presidential candidate Bernie Sanders suspending his campaign.
The news added to early gains after President Donald Trump said the United States might be getting to the top of the"curve" in relation to the outbreak, even as New York and several other states posted their highest number of daily virus-related fatalities. Early gains were led by the energy index , which rose over 3per cent, as oil stocks tracked crude prices higher and risk appetite was boosted by the prospect of more fiscal stimulus.
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