US sharemarkets rose on Monday as easing lockdowns boosted economic optimism. The tech-focused Nasdaq index hit a new intraday record high. Boeing (+12.2%) led gains on the Dow Jones index. Occidental Petroleum’s shares rose by 17.4% after Bloomberg reported that the company is reviewing options for its Middle Eastern assets. The Dow Jones rose by 461 points or 1.7%. The S&P500 index rose 1.2% – turning positive for 2020. And the Nasdaq index rose by 110 points or 1.1%.
AM Report: ASX 200 Set To Surge As Market Plays Catch-Up With Wall St
US sharemarkets rose on Monday as easing lockdowns boosted economic optimism. The tech-focused Nasdaq index hit a new intraday record high. Boeing (+12.2%) led gains on the Dow Jones index. Occidental Petroleum's shares rose by 17.4% after Bloomberg reported that the company is reviewing options for its Middle Eastern assets. The Dow Jones rose by 461 points or 1.7%. The S&P500 index rose 1.2% - turning positive for 2020. And the Nasdaq index rose by 110 points or 1.1%.
- Published on June 9, 2020
- By Tom Piotrowski
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