New York (AFP)
The New York Stock Exchange rose at the start of the session on Wednesday after recording its first decline in July the previous day.
Around 1:50 GMT, its flagship index, the Dow Jones Industrial Average appreciated by 0.69% to 26,069.37 points.
The Nasdaq, with a strong technological coloring, took 1.00% to 10,447.18 points.
The S&P 500, which represents the 500 largest companies on Wall Street, gained 0.72% to 3,168.09 points.
Wall Street fell back Tuesday in a market that had so far ignored the spike in cases of contamination by the coronavirus in the United States and in several other countries; the Dow Jones had lost 1.51% and the Nasdaq 0.86%.
"This is one of those weeks where it is difficult to define a direction," notes JJ Kinahan, head of market strategy for TD Ameritrade.
"This kind of undecided, unmanaged, low volume market could continue in the coming days as investors await the start of the earnings season next week," said Kinahan.
According to data from Factset, analysts expect a drop of almost 45% in the profits of companies listed on the S&P 500 in the second quarter.
The health situation also remained critical in the United States, where a record number of more than 60,000 cases of contamination with the coronavirus has been identified in the last 24 hours, according to data compiled by Johns Hopkins University.
However, the Trump administration, which officially notified the UN on Monday of the U.S. withdrawal from the World Health Organization (WHO), does not plan to shut down the country's economy again.
"This would be a very big mistake," said Larry Kudlow, economic advisor to the White House, on CNBC financial news on Tuesday.
"It would do more harm than good. And it would harm not only businesses, but all sectors" of the economy, added Kudlow.
In the bond market, the 10-year rate on the US debt was up, standing at 0.6660% against 0.6397% on Tuesday evening.
© 2020 AFP