Stocks rally into the close

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Today was the first time the Dow has closed above 26,000 points since early March

From CNN Business' Anneken Tappe

There is a huge disconnect between the headlines we get every day both in the US and overseas and where the stock market is going," Alicia Levine, chief strategist at BNY Mellon, told Alison Kosik on the CNN Business' digital live showIt's important for investors to remember that the stock market is forward looking, and the future is looking brighter because the economic reopening is going better than expected in both Europe and the Unites States.

 

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And cnn is upset....

84 percent of all stocks owned by Americans belong to the wealthiest 10 percent of households. And that includes everyone’s stakes in pension plans, 401(k)’s and IRAs, as well as trust funds, mutual funds and college savings programs like 529 plans.

Thank you 🙏 Trump 🇺🇸

But why?

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