Optimism on Wall Street | Financial

The Dow-Jones index rose 1.5 percent higher at 24,094 points just after 19:30 (Dutch time). The S&P 500 rose 1.7 percent to 2892 points, and tech indicator Nasdaq climbed 2 percent to 8882 points.

Oil producers such as ExxonMobil and Chevron rose to almost 3 percent. At the same time, a barrel of American oil cost more than 19 percent more at $ 24.27. Brent oil became 12 percent more expensive, making it worth just over $ 30 a barrel for the first time in weeks.

United Airlines dropped nearly 2 percent after a higher opening. The airline would like to cut 30 percent of all office functions. The company wants to save costs in this way, as passenger flights are hardly ever carried out because of the corona pandemic.

L Brands, the parent company of Victoria’s Secret, in turn went down 1.5 percent. The sale of the lingerie brand to Sycamore has been canceled. L Brands has reached a settlement with the original purchaser.

Hertz plummeted more than 16 percent. The car rental company has reached an agreement to postpone certain loan payments. This will give the company more time for discussions with creditors about debt restructuring. Media previously reported that Hertz would be toppled.

Attention was also paid to quarterly results of chip company Lumentum (plus 5.8 percent), news and information supplier Thomson Reuters (plus 0.5 percent), chemical group DuPont (plus 0.6 percent) and gold digger Newmont (plus 1.8) per cent).

Pharmaceutical Pfizer (plus 3 percent) further reported that the company has begun testing an experimental coronavirus vaccine in US subjects. Pfizer is collaborating with a German biotechnology company on this resource.

The euro was worth $ 1.0838, up from $ 1.0841 at the close of European stock markets earlier today.

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