Monday, 2 Aug 2021

Wall Street ends higher to stem coronavirus selloff

NEW YORK (Reuters) – U.S. stocks managed to post gains on Thursday after recent steep losses as policymakers around the world took further emergency actions to try to help financial markets cope with deep coronavirus-driven economic damage.

The Dow Jones Industrial Average .DJI rose 189.63 points, or 0.95%, to 20,088.55, the S&P 500 .SPX gained 11.4 points, or 0.48%, to 2,409.5 and the Nasdaq Composite .IXIC added 160.73 points, or 2.3%, to 7,150.58.

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