Stocks Keep Climbing on Better Data, Vaccine Hopes

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The Dow Jones Industrial Average is up 0.9% at recent check, while the S&P 500 is 1% higher and the Nasdaq Composite is leading the group with a 1.4% gain.

Stocks are on the rise midday Tuesday, continuing early momentum, as investors chose to focus on positive data and reassurances from Washington.

To that point, new-home sales in the U.S. jumped 16.6% in May, while the purchasing managers index climbed to a four-month high in June. The index is still in contraction mode, but more businesses are reopening and firms are reporting higher prices for the first time since before lockdowns began in earnest in March. That dovetails with similar data out of the euro zone, with activity...

 

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Nobody cares about a vaccine when virus is losing its potency

Hope for a vaccine means we may be closer to a 'new normal.' The question is when.

I am OKAY ( ElyBahianaAOL.com) Good NIGHT Amor ......

I believe this is hysteria and it doesn’t make sense to me

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