Wall Street closes mostly higher as tech gains

Tuesday, 15. September 2020 22:00

Wall Street closed mostly higher on Tuesday as the tech sector led gains. A rally in tech stocks lifted indices during the previous session as well, along with hope that Democrats and Republicans will overcome their differences in order to pass the next coronavirus relief bill. Traders also looked toward the conclusion of the Federal Open Market Committee's two-day policy meeting.

The Dow Jones closed flat, while the S&P 500 gained 0.52%. The Nasdaq 100 surged 1.43% as Tesla led the gains, soaring over 7% to the top of the chart. Other strong gainers included Moderna, Netflix, and Alexion Pharmaceuticals.

The euro declined 0.13% against the dollar at 4:05 pm ET, buying 1.18475.

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Author:
Breaking the News / JC