On Wall Street, the Dow Jones Industrial Average rose 0.85%, the S&P 500 gained 0.91%, and the Nasdaq Composite added 0.59%.s
NEW YORK: World shares strode to four-month highs on Wednesday as hopes for a coronavirus vaccine offset rising U.S.-China tensions and also helped lift the euro and oil prices on improved sentiment.
Asian markets were choppy after more barbs between Beijing and Washington over Hong Kong, but European bourses rose almost 2% and Wall Street advanced as investors set aside concerns about the growing number of COVID cases.
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