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3/1/2021, 10:00 PM (Source: TeleTrader)
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Wall Street closes higher, Dow ends 600 pts in green

The United States stock markets finished the first trading session of the week significantly higher as investors rallied on encouraging economic data, stimulus and COVID-19 vaccine news. JPMorgan Chase & Co CEO Jamie Dimon expressed optimism regarding the country's economy, while the head of Baker Hughes Co. said the energy sector should recover from the pandemic by 2022.

The Dow Jones Industrial Average jumped 1.95% at the closing bell. Boeing Co. was the best performer, growing 5.84%. The Nasdaq 100 surged 2.89%, with Zoom Video Communications Inc. gaining 9.65% ahead of its earnings release. The S&P 500 advanced 2.38%, as Dentsply Sirona expanded 12.51%.

The euro was down 0.18% against the greenback, selling for 1.20435 dollars at 3:59 pm ET.

Baha Breaking News (BBN) / MD