SME Times is powered by   
Search News
Just in:   • UP govt approves new start-up policy  • Yes Bank case: ED attaches Rs 2,203 cr assets of Kapoor, others  • Thunderbolt 4 PCs expected later this year: Intel  • Samsung to make all Smart Watches in India, unveils 1st desi device  • Mastercard commits Rs 250 cr to support SMEs 
Last updated: 26 Mar, 2020  

NYSE.9.Thmb.jpg US stocks end mixed amid anticipation of stimulus package

NYSE.9..jpg
   Top Stories
» UP govt approves new start-up policy
» Mastercard commits Rs 250 cr to support SMEs
» 'India, Bangladesh have scripted golden chapter in partnership'
» KVIC begins online sale of Khadi face masks
» Platform launched for tech startups to explore US market
IANS | 26 Mar, 2020
US stocks ended mixed on Wednesday in anticipation of the approval of a massive coronavirus stimulus package.

The Dow Jones Industrial Average increased 495.64 points, or 2.39 per cent, to 21,200.55. The S&P 500 rose 28.23 points, or 1.15 per cent, to 2,475.56. The Nasdaq Composite Index was down 33.56 points, or 0.45 per cent, to 7,384.30, Xinhua reported.

Eight of the 11 primary S&P 500 sectors closed higher, with industrials up 5.29 per cent, outpacing the rest. Communication services dropped 1.59 per cent, representing the worst-performing group.

The US Senate is expected to approve a $2-trillion stimulus package later Wednesday to blunt the economic impact of COVID-19, after days of strenuous negotiations between Republicans and Democrats.

The White House and Senate leaders reached a deal early Wednesday morning on the massive stimulus package, which is aimed at cushioning the economy from the growing impact of the coronavirus outbreak.

The number of COVID-19 cases in the US topped 60,000 as of Wednesday noon, according to the Center for Systems Science and Engineering at Johns Hopkins University.

Wednesday's market movement followed a historic rally in the previous session, with the 30-stock index soaring more than 2,100 points, or over 11 per cent, notching its biggest one-day percentage gain since 1933.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 10 Jul, 2020
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» Pain points for MSMEs(3)
» UP govt to change lives of migrants: MSME Principal Secy(2)
» Starting an import export business: Basic guide for beginners(1)
» China's forex reserves reach USD 2.85 trillion(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter