The Dow Jones Industrial Average fell 77.91 points, or 0.3%, to close at 25,734.97, the S&P 500 gained 15.57 points, or 0.50%, to 3,115.86 and the Nasdaq Composite added 95.86 points, or 0.95%, to 10,154.63. The pan-European STOXX 600 index rose 0.24% and MSCI's gauge of stocks across the globe gained 0.45%. Emerging market stocks rose 0.60%, while Japan's Nikkei futures lost 0.45%. Overnight, MSCI's broadest index of Asia-Pacific shares outside Japan closed 0.43% higher.
NEW YORK: Stocks across the globe rose on Wednesday following data pointing to a recovery in manufacturing and on bets for a COVID-19 vaccine, while the risk-on mood pushed the U.S. dollar lower.
Germany's manufacturing sector contracted at a slower pace in June, while activity in the United States hit a 14-month high. French factory activity rebounded into growth, and activity in China's factories offered further signs that the world's second-largest economy may have passed the worst of the devastation caused by the pandemic.
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