Stocks surge after Bernie Sanders suspends presidential campaign | Fox Business

Stocks rallied Wednesday as COVID-19 showed signs of plateauing in some of the hardest hit areas.

U.S. equity markets rallied to session highs Wednesday after Sen. Bernie Sanders announced he was suspending his presidential campaign.

The Dow Jones Industrial Average gained nearly 700 points, or 3.1 percent, while the S&P 500 and Nasdaq Composite rose 3.1 percent and 2.43 percent, respectively. The gains have lifted the S&P 500 out of its bear market, which would officially end with the index closing above 2,684.88.

Source: Stocks surge after Bernie Sanders suspends presidential campaign | Fox Business

Leave a Reply

Your email address will not be published. Required fields are marked *