Wall Street ends higher, led by energy and materials | Malay Mail

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NEW YORK, July 15 ― Wall Street ended higher yesterday, led by a surge in the Dow Jones Industrial Average, as investors bought energy and materials stocks and looked beyond a recent surge in coronavirus cases. The S&P 500 energy, materials industrial, health and consumer staples indexes all...

Wall Street has reclaimed most of its coronavirus-driven losses since March as a raft of monetary and fiscal stimulus and upbeat economic data raised hopes of a swift post-pandemic recovery. — Reuters pic

JPMorgan Chase & Co, the largest US lender, rose after it posted a smaller-than-expected 51 per cent drop in second-quarter profit. Wall Street has reclaimed most of its coronavirus-driven losses since March as a raft of monetary and fiscal stimulus and upbeat economic data raised hopes of a swift post-pandemic recovery.

 

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