By Stephen Culp NEW YORK (Reuters) - Wall Street roared back to life on Wednesday, with both the Dow and the S&P 500 surging more than 4%, after former Vice President Joe Biden's strong showing in the Super Tuesday Democratic primary contests injected a dose of confidence. Biden's pack-leading results - on course to win in 10 of the 14 states that held primaries on Tuesday - powered a jump in healthcare stocks, and upbeat economic data soothed worries about the impact of the spreading coronavirus outbreak. After the S&P 500 reached an all-time high on Feb.
The post Wall Street surges on Biden bounce appeared first on Firstpost.
from Firstpost https://ift.tt/3aud0Xs
No comments:
Post a Comment