Indices Gain Value in the USA

Despite the second wave concern in the coronavirus outbreak, indices gained value in the USA. At the opening, the Dow Jones index rose above 100 points and traded at 25.998.82 points, up 0.42 percent. In the USA, where there were the highest number of cases and deaths due to the coronavirus outbreak, indices gained value at the opening. Despite the second wave concerns increasing with the normalization process that started after the epidemic, the US indices started to rise. The S&P 500 index gained 0.52 percent and started to trade at 3.161.70 points and the Nasdaq index increased by 0.90 percent to 10.437.04 points. The number of infected people in the USA, which was most affected by the coronavirus epidemic, exceeded 3 million, while the number of people who died due to the virus rose to 134,18. Increasing number of cases across the country also raised concerns that the recovery after the economic activity entered a normalization process could be compromised. Explaining the subject, analysts stated that due to the weak data agenda, developments in the coronavirus outbreak and the effects of the epidemic on economic recovery will be monitored.