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6/3, 10:00 PM (Source: TeleTrader)
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Wall Street closes higher, Dow up over 500 pts

Trading on Wall Street finished with strong gains on Wednesday as the Dow Jones surged over 500 points.

The better-than-expected jobs report from the ADP boosted stocks, as well as the continued reopening of the US economy. Investors shrugged off countrywide protests that have turned violent at times.

The Dow climbed 527 points at the close as Boeing surged to the top of the chart. The S&P 500 closed 1.36% in the green with United Airlines among the strongest performers. The Nasdaq 100 gained 0.49% at the closing bell; Zoom Video Communications jumped over 7% following the release of the company's strong earnings report.

Breaking the News / JC