US closes higher as investors turn to tech shares

Tuesday, 14. July 2020 22:00

Major stock markets in the United States closed in the green on Tuesday as investors took profits out of rising tech shares. Also, American biotech company Moderna said it intends to begin with the phase 3 coronavirus vaccine trial on July 27. Meanwhile, Florida reported a daily coronavirus case rise below a seven-day average.

The Dow Jones jumped 2.14% or 557 points at the closing bell with Caterpillar Inc rising by 4.83%. Concurrently, the Nasdaq 100 soared 0.82% as Align Technologies increased by 10.87%. The S&P 500 went up by 1.34% at the same time. Noble Energy Inc inclined by 10.73%.

The euro rose 0.41% against the dollar, selling at $1.13906 at 3:58 pm ET.

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Breaking the News / TF