U.S. stocks rally with stimulus, Fed minutes in focus


  • World
  • Thursday, 08 Oct 2020

NEW YORK, Oct. 7 (Xinhua) -- U.S. stocks closed sharply higher on Wednesday as Wall Street continued to look for clues concerning additional coronavirus stimulus, while digesting the newly-released minutes from the Federal Reserve's September meeting.

The Dow Jones Industrial Average jumped 530.7 points, or 1.91 percent, to 28,303.46. The S&P 500 increased 58.49 points, or 1.74 percent, to 3,419.44. The Nasdaq Composite Index rose 210 points, or 1.88 percent, to 11,364.6.

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