Finance

Banks lead Wall Street higher

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Traders work on the floor of the New York Stock Exchange (NYSE) on March 17, 2020 in New York City.

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Dow Jones Industrial Average rises 299 points

The Dow gained 299.66 points, or 1.18%, to close at 25,745.60. The S&P 500 climbed 1.10% to 3,083.76. The Nasdaq Composite advanced by 1.09% to 10,017.00 Another increase in coronavirus cases and news of easier banking regulation left the market struggling for direction throughout Thursday’s session.

Coronavirus cases continue to rise

Florida reported on Thursday 5,004 additional coronavirus cases. That’s slightly down from the state’s single-day record of 5,508, which was reported Wednesday. In Arizona, cases jumped by…



Source cnbc.com

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