GLOBAL MARKETS-Stocks end up, US$ rises on hawkish comments


The Dow Jones Industrial Average rose 140.48 points, or 0.52%, to 27,288.18, the S&P 500 gained 34.51 points, or 1.05%, to 3,315.57 and the Nasdaq Composite added 184.84 points, or 1.71%, to 10,963.64. The pan-European STOXX 600 index rose 0.20% and MSCI's gauge of stocks across the globe gained 0.43%.

NEW YORK: The U.S. dollar continued to rise on Tuesday after hawkish remarks from a Federal Reserve speaker, while stocks ended higher with a boost from Amazon even as curbs to control the spread of COVID-19 raised the fear of a second wave of lockdowns.

Crude rose after a hard fall on Monday, while stocks in Europe and Wall Street more than offset the losses elsewhere. The dollar index was having its strongest two-day run since April.

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