Nasdaq ends at record, confirms bull market on economic recovery hopes

REUTERS: The Nasdaq posted a record closing high on Monday, becoming the first of the major indexes to confirm a new bull market, while the S&P 500 ended in positive territory for the year as expectations for a swift recovery from a coronavirus-driven downturn increased.

A closely watched monthly jobs report on Friday showed an unexpected fall in unemployment rate, bolstering views that the worst of the economic damage from the virus outbreak was over. Beaten-down shares of cruise operators Carnival Corp and Norwegian Cruise Line Holdings Ltd continued to recover. The S&P 1500 airlines index jumped 9.9per cent.

It would be the first meeting since April when Fed Chair Jerome Powell said the U.S. economy could feel the weight of the economic shutdown for more than a year.

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Nasdaq sets new record, close to confirming bull market in placeThe Nasdaq composite rose to a new record high on Monday, and looks on track to confirm that it has been in a bull market for two and a half ...
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Nasdaq hits record close, confirms bull market on economic recovery hopesWASHINGTON (REUTERS) - The Nasdaq hit a record high close on Monday (June 8), confirming a bull market began on March 23, and the Dow and S&P 500 jumped as expectations for a swift recovery from a coronavirus-driven downturn increased.. Read more at straitstimes.com.
แหล่ง: The Straits Times - 🏆 8. / 63 อ่านเพิ่มเติม »

Nasdaq hits record close, confirms bull market on economic recovery hopesWASHINGTON (REUTERS) - The Nasdaq hit a record high close on Monday (June 8), confirming a bull market began on March 23, and the Dow and S&P 500 jumped as expectations for a swift recovery from a coronavirus-driven downturn increased.. Read more at straitstimes.com.
แหล่ง: The Straits Times - 🏆 8. / 63 อ่านเพิ่มเติม »