U.S. stocks closed higher Thursday, pushing past early losses caused by grim economic data and some weaker-than-expected earnings reports. The Dow Jones Industrial Average DJIA, +0.14% gained about 29 points or 0.1% to close near 23,533, while the S&P 500 SPX, +0.58% added about 16 points or 0.6%, closing at about 2,799. The Nasdaq Composite COMP, +1.65% rose 139 points or 1.7% to close near 8,532.
More than 20 million Americans have lost their jobs in the past four weeks, and residential construction and manufacturing both plummeted in March,according to data out Thursday. Shares of airline companies faltered after United Airlines Holdings UAL, -11.45% CEO Oscar Munoz told employees government assistance only covered a fraction of operating expenses. United shares sank about 11.7%, while shares of American Airlines Group Inc. AAL, -9.92% lost nearly 10%.
This is why computers should not be allowed to trade stocks. Pure algo driven rally suckering in retail. Even amazon Most of the stuff they sell on line is stuff people don’t need. All you need to do is drive to your local grocery store. Shop local is going to increase
Bullish when 'investors' are experts in ending lockdowns
I CAN'T WAIT FOR THE 30 MILL JOBLESS RALLY!!
Bull Market! Sounds like a BUY to me! LMAO!
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