Global EditionASIA 中文雙語Fran?ais
    World
    Home / World / Americas

    Wall Street closes broadly higher on deal news, vaccine hopes

    Updated: 2020-09-15 04:11
    Share
    Share - WeChat
    [Photo/Agencies]

    Sept 14  - US stocks ended sharply higher on Monday as signs of progress in developing a COVID-19 vaccine and a spurt of multibillion-dollar deals lifted investor optimism.

    Drugmaker AstraZeneca resumed its British clinical trials of its COVID-19 vaccine, one of the most advanced in development.

    Also, Pfizer Inc rose after the drugmaker and German biotech firm BioNTech SE proposed to expand their Phase 3 pivotal COVID-19 vaccine trial to about 44,000 participants.

    "The market loves anything with a vaccine because that is the ultimate solution here. And we'll see more and more headlines," on that going forward, said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York, New York. Merger-related news also lifted the market, he said. Nvidia Corp jumped on plans to buy UK-based chip designer Arm from Japan's SoftBank Group Corp for as much as $40 billion, in a deal set to reshape the global semiconductor landscape. The Philadelphia SE chip index also rose.

    Oracle gained as the cloud services company said it would team up with China's ByteDance to keep TikTok operating in the United States, beating Microsoft Corp in a deal structured as a partnership rather than an outright sale.

    US stocks are coming off of two straight weeks of losses as investors sold heavyweight technology shares that had powered the benchmark index to record highs in a dramatic recovery from its March lows.

    Unofficially, the Dow Jones Industrial Average rose 321.54 points, or 1.16%, to 27,987.18, the S&P 500 gained 42.29 points, or 1.27%, to 3,383.26 and the Nasdaq Composite added 203.11 points, or 1.87%, to 11,056.65.

    All of the S&P 500 sectors were higher, and tech heavyweight Apple Inc gave the S&P 500 its biggest boost.

    Tesla Inc's shares rebounded after losses last week.

    Later this week, investors will focus on the Federal Reserve's last policy meeting before the Nov. 3 US presidential elections.

    In other deal news, Immunomedics Inc's shares jumped after Gilead Sciences Inc's $21 billion buyout deal, which is a steep premium to the biotech company's closing price on Friday.

    Reuters

    Most Viewed in 24 Hours
    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    中文字幕亚洲精品无码| 成在线人AV免费无码高潮喷水| 国产成人精品无码一区二区| 99精品久久久久中文字幕| 无码精品日韩中文字幕| 中文字幕一区二区三区在线观看 | 国产自无码视频在线观看| 国产成人无码一二三区视频| 性色欲网站人妻丰满中文久久不卡| 久久亚洲AV成人无码国产| 欧美日韩毛片熟妇有码无码 | 色婷婷综合久久久久中文| 精品无码久久久久久久动漫| 亚洲日韩国产二区无码| 亚洲欧美日韩在线不卡中文| 国产在线精品一区二区中文| 无码色AV一二区在线播放| 波多野结AV衣东京热无码专区| 曰韩人妻无码一区二区三区综合部| 中文字幕亚洲综合久久| 中文字幕日韩一区| 三级理论中文字幕在线播放| 中文字幕亚洲欧美日韩2019| 人妻少妇无码视频在线| 久久青青草原亚洲av无码| 成人无码区在线观看| 2019亚洲午夜无码天堂| 99精品一区二区三区无码吞精| 久久久久久久人妻无码中文字幕爆 | 成人无码AV一区二区| 2014AV天堂无码一区 | 亚洲国产精品无码久久SM| 一本加勒比hezyo无码专区 | 午夜不卡久久精品无码免费| 在线观看免费无码专区| 亚洲精品无码高潮喷水在线| 亚洲AV无码专区国产乱码4SE| 在人线AV无码免费高潮喷水 | 2021无码最新国产在线观看| 无码的免费不卡毛片视频| 性无码专区一色吊丝中文字幕|