News Formal

Stocks surge to within 10% of records after signal recovery could come earlier than expected

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 80%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

But the WHO warns the COVID-19 pandemic is far from over and new cases are on the rise

NEW YORK — Wall Street surged on Friday after a strikingly upbeat May jobs report unexpectedly provided the clearest evidence yet that the U.S. economy is headed for a quicker-than-anticipated recovery.

“It would suggest a further confirmation the economy is coming back online,” Arone added. “This is a strong signal that the effects are temporary and that the economy is improving.”U.S. Treasury yields rose on the jobs data, giving a boost to interest rate-sensitive banks. Unofficially, the Dow Jones Industrial Average rose 829.16 points, or 3.15 per cent, to 27,110.98, the S&P 500 gained 81.58 points, or 2.62 per cent, to 3,193.93 and the Nasdaq Composite added 198.27 points, or 2.06 per cent, to 9,814.08.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

DEFIANTLY SOME CRAZY TIMES!!! if anyone is feeling down, i promise this will lift you up and MAKE YOU LAUGH 😝

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 10. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Tech stocks have been a winning bet, but investors worry it will fadeTech stocks have been a winning bet, but investors worry it will fade GlobeInvestor globeinvestor We live in a culture that is acutely aware of price of everything and utterly ignorant of the value of anything else.
Källa: globeandmail - 🏆 5. / 92 Läs mer »

Global stocks mixed after Wall St rises on better U.S. dataEuropean markets opened on Thursday lower while Asian shares gained after Wall Street rose on better U.S. jobs and manufacturing conditions than expected.
Källa: CTVNews - 🏆 1. / 99 Läs mer »