New York Usa covid-19 pandemic economy New York Usa

Wall Street gains as some US states reopen for business; VIX at 7-week low

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www.livemint.com

New York: Wall Street advanced on Monday as investors girded for a busy earnings week while turning a hopeful eye toward several U.S.

states that are relaxing shutdown restrictions put in place to curb the spread of the COVID-19 pandemic. All three major U.S.

stock averages gained more than 1%, having clawed back much of the ground lost since the coronavirus crisis brought the economy to a grinding halt.

The indexes are all now within 20% of their record closing highs reached in February, with the benchmark S&P 500 on track for its best month since 1987, after trillions of stimulus dollars helped U.S.

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