Key U.S. indices rose by 1-2% at the close of trading on Wednesday.
The Dow Jones industrial index rose by 369 points (1.52%) to 24,575. NASDAQ added 190 points (2.08%) to 9,375. The S&P 500 was up 48 points (1.67%) to 2,971.
Share prices grew on the optimism of market participants about the prospects of global economic recovery.
Jeffrey Sachs, Professor of Economics at Columbia University, noted that the situation on the markets will have a serious impact on the labor market.
“A very large number of jobs lost during the pandemic will not appear again in the near future, and this factor will have a very strong impact on the economic situation,” he said.
As a result of the last trading session it was reported that the Dow Jones index has decreased by 390 points. Then, the statements of the head of the Federal Reserve and the U.S. Treasury Secretary did not have a strong impact on investor sentiment.