Tuesday 17 November 2020: More positive news on the coronavirus front lifted US equity markets

Tuesday 17 November 2020: More positive news on the coronavirus front lifted US equity markets

From: Morgans AM
0 0 4 months ago
More positive news on the coronavirus front lifted US equity markets to fresh records - Dow rallied +471-points or +1.6% to 29,950.44, logging both record intra-day (29,559.25) and closing highs. Boeing Co (up +8.17%) and Chevron Corp (+7.14%) were the leading index performers. It was the first all-time high for the Dow since February and the latest climb marked the fastest rebound from a bear-market low for the benchmark in about three decades, according to Dow Jones Market Data.

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