India added another 1.31 lakh Covid-19 cases on Thursday, according to Worldometer. Prime Minister Narendra Modi, on Thursday, in a meeting with chief ministers, said that states should focus on micro-containment zones and increase testing.
On Wall Street, the Dow Jones Industrial Average rose 0.17 per cent, the S&P 500 gained 0.42 per cent, and the Nasdaq added 1.03 per cent.
US Federal Reserve Chairman Jerome Powell signaled on Thursday the central bank is nowhere near reducing its support for the US economy, saying at an International Monetary Fund event that while the economic reopening could result in a momentary surge in prices, he expects it to be temporary and it will not constitute inflation.
(with inputs from Reuters)