Wall Street ends higher with a boost from technology stocks
NEW YORK - Wall Street’s three major indexes closed higher on Monday with the biggest gains in technology stocks as investors focused on the potential for more government stimulus measures even as they worried about an increase in coronavirus cases in the United States and other countries.
However White House economic adviser Larry Kudlow told CNBC that there was no second wave of the pandemic and that it is unlikely there will be widespread shutdowns across the country. U.S. President Donald Trump said on Monday that he supported the idea of giving Americans a second round of financial aid because of the virus.
But Apple shares climbed on Monday and trading at record highs as the company announced new products at its annual conference for software developers.
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