New York US stocks rallied again on Monday, pushing the Nasdaq to an all-time high and the S&P 500 into positive territory for the year, signaling growing optimism about the pace of recovery after Friday's better-than-expected jobs report.
The Dow finished up 461 points, or 1.7% higher. The S&P 500 ended up 1.2%, erasing its losses for the year. The Nasdaq Composite ended up 1.1%, its first record close since February. The market rally came on the same day economists officially declared the United States is in a recession, ending the longest economic expansion in American history.
Stock market encouraged by racial turmoil, pandemic death rate, economic recession, and presidential mental deterioration?
Wow! Well done CNN. Publishing good truthful news, even if it might reflect well on the President you hate so much. Good on your new editor who let that through.
Investors are are encouraged and excited with poll numbers showing trump is out. This November elect an American president. DUMP TRUMP
This just shows that no one cares about the protests. Good.
Numbers are good people are starting to go back to work. If there is another wave of the COVID-19 virus will the economy survive. Is there a chance a large portion of the protesters due to lack of social distancing will become ill? Over 100k people died don’t forget that
Thanks realDonaldTrump
The job report is lying & now we know Wall Street is lying
“Moving on up”
This doesn't make sense and needs more reporting. Why is the stock market fluctuating so wildly
False job report, stop perpetuating the falsehood; I believe the Bureau intentional falsify the numbers knowing that it could admit error afterwards,though the inflated numbers would have already had it's effects in the news and especially on Wall Street;
God that had to just kill cnn to put that article up and tweet anout it ... trump economy is strong enough to withstand that pandemic and hopefully it’s coming back even stronger!
I see a lot of window jumping in the near future.
What about the unemployment numbers?
TRUMP 2020
Wrong analysis. The Fed is printing money and giving it to rich people and corporations, who put it back in the stock market.
Insane
This is a lie that you need to fix! The jobs report on Friday was not accurate and the labor department said as much! They miscalculated and Trump chose to lie anyway and you keep repeating the lie! The unemployment rate is likely at 16% or more! Fix it!
The left is never happy ever.