direct: Most US stock indices rose at the end of trading on Monday, to rise “Nasdaq” to a new record led by the technology sector.
US stocks received support with hopes of a global virus vaccine and discussions of more stimulus measures in the United States.
The performance of US stocks today coincided with a rise in technology stocks, led by Amazon, amid the resumption of discussions in the US Congress on draft law measures to issue new stimulus measures to contain the effects of the virus, which infected more than 3.7 million people in the United States.
The current stimulus package is due to expire at the end of this month if no agreement is reached between the Republican and Democratic parties on approving new stimulus packages for companies, individuals and cities affected by the epidemic.
Pfizer and Pioneer Tech, the pharmaceutical industry, reported early positive data on the possible vaccine for the “Covid-19” epidemic, which led to a rise in the shares of both companies.
A possible vaccine against the Corona virus, which is being developed by the University of Oxford in the United Kingdom in cooperation with AstraZeneca, also showed a strong immune response at an early stage of human trials.
At the close of trading, the Dow Jones Industrial Average settled at 26,680.4 points.
While the “Standard & Poor’s” index rose by 0.8 percent at 3,251.8 points, while the “NASDAQ” index rose by 2.5 percent to record 10767.09 points, the highest level ever.
By 8:15 pm GMT, the greenback’s benchmark greenback, against 6 major currencies, was down 0.1 percent at 95.825.