Markets Rose As a Result of Relaxing Measures in the USA

Markets Rose As a Result of Relaxing Measures in the USA

In the United States, after the restrictions on coronavirus outbreaks have begun to ease, markets have finished with the rise the second trading day of the week. At the end of the second trading day of the week, the Dow Jones index increased by more than 100 points and determined 23.892,30 points with a 0.6 increase rate. Another index S&P 500 index gained 0.9 percent to 2,868.34 points. The Nasdaq index rose 1.1 percent to 8.809.02 points. Recent news on the loosening of the measures and restrictions on coronavirus outbreaks affecting the world and causing great economic damage to countries, and the continuation of economic activity from the point where it was left again, provided support for the positive atmosphere in the markets. In addition to these developments, oil prices also increased due to normalizatiın of the economic developments. In the United States, the barrel value of West Texas type (WTI) crude oil rose 20.5 percent to $ 24.55. Brent oil barrel price, which is preferred by almost all countries, has also increased by 14.4 percent and found buyers at $ 31.12.