Wall Street jumps as healthcare shares rise, lockdowns ease

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Wall Street's main indexes rallied on Tuesday as healthcare stocks jumped, oil prices surged and a number of countries and U.S. states eased coronavirus-induced restrictions in an attempt to revive their economies.

The energy sector .SPNY rose 2.0% as oil prices surged.

Data on Tuesday showed the vast U.S. services sector fell into contraction in April for the first time in nearly 10-1/2-years. “We have certainly gotten some negative data, but for the most part the market has learned to look through that,” Hooper said. Advancing issues outnumbered declining ones on the NYSE by a 2.77-to-1 ratio; on Nasdaq, a 2.01-to-1 ratio favored advancers.

 

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Labor and Wall Street don’t mix well.

SCREW THE CREEPS OF GREED INC.

Jumps what?

Wall street cashing in on death and pandemic

check again reuters

Speak too soon

It jumped, but has faded as the economical cost of this virus and the reality that we're all doomed is realized.

You might want to amend that. Dropping like a rock the last half hour.

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