Wall Street stock Exchange bolted 4% in trading Wednesday (5/2) after Joe Biden outperformed two of its competitors in the selection of candidates for president of the United States from the Democratic Party. Former Vice-President of the U.S. this will be challenging Donald Trump in the presidential election in November 2020.
Quoted from Reuters, Dow Jones Industrial Average jumped 4,53%, the S&P 500 Index was 4.22%, and the Nasdaq Composite Index of 3.85%. The third benchmark index on the previous trading day loss of about 3% after the U.S. central bank lowered benchmark interest rates to counteract the impact of the virus corona.
in Addition to the victory Joe Boden as the U.S. presidential candidate of the Democratic Party, the stock of medical devices is increasing and the data shows fundamentals improved economic solid U.S. amid concern corona virus also contribute to the performance of Wall Street.
this Article has been published in Katadata.co.id with the title "Joe Biden will Be a Challenger to Trump in the U.S. presidential Election, Wall Street Rising 4%" , https://katadata.co.id/berita/2020/03/05/joe-biden-akan-jadi-penantang-trump-di-pilpres-as-wall-street-naik-4
Author: Agustiyanti
Editor: Agustiyanti