Stock market live Monday: Tech stocks lead, Dow bounces from 762-point loss, Fed helps rally

The stock market began the week in the red as coronavirus cases continued to rise in parts of the United States and Beijing reinstated some restrictions after a new outbreak in the Chinese capital. However stocks reversed their downward spiral and traded higher, helped by the Federal Reserve announcement that it will start buying individual corporate bonds.Nasdaq closed up 1.43% for its sixth positive day in sevenAt Monday's low, the Dow was down over 762 pointsS&P 500 is down 5.

on top of the ETFs it already is purchasing. In an expansion to its Secondary Market Corporate Credit Facility, the Fed said it will purchase eligible company debt with remaining maturities of 5 years or less. That will go along with the previous high-profile intent to buy ETFs that track both investment grade and junk debt. The broader goal is "to create a corporate bond portfolio that is based on a broad, diversified market index of U.S.

following an announcement by Nasdaq last week that the stock would replace United Airlines in the Nasdaq-100 index. The stock will officially join the index on June 22. —With aggressive fiscal and monetary policy already in place, the critical next step in the economic recovery will be the way the public responds to measures to prevent another big surge of coronavirus cases, Dallas Fed President Robert Kaplan said Monday.

As the economy reopens, Disney "shares offer a compelling entry point for best-in-class assets with an attractive risk/reward profile that is skewed to the upside by a factor of 3:1," Bank of America analyst Jessica Reif Ehrlich said.

Maybe not as you predicated. There are so many non-tracked 'free money' from FED or Admin. Cases of unemployment-benefit fraud reflect the vulnerabilities that workers and state governments face as jobless claims related to the pandemic soar via WSJ

'The COVID-19 has already come out of the gates very strong in this reopening phase' Fixed it for you Paul of hmmmmm Deutsche Bank... Hey CNBC maybe report on Trump connections to the bank...yeah, I know, you won't touch it.

FED always buy all

The FED printing trillions for Billionaires has helped too right? Debasing the money supply is great.

High school students in Turkey is currently very tense. Despite the dangers of COVID-19, exams were not delayed. We are in danger. the government is silent on this issue. support us TurkishStudentLivesMatter

I love kohls

Yes consumers coming strong.. but covid coming hard..

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