Stocks surge as economic recovery hopes put record unemployment in the rearview mirror

U.S. equity markets rallied Friday despite historic job losses as states forged ahead with reopening plans and investors focus on an economic rebound that could take hold in the coming months.

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 24331.32 +455.43 +1.91%
SP500 S&P 500 2929.8 +48.61 +1.69%
I:COMP NASDAQ COMPOSITE INDEX 9121.320669 +141.66 +1.58%

The Dow Jones Industrial Average gained over 455 points, or 1.91 percent, while the S&P 500 and the Nasdaq Composite rose 1.69 percent and 1.58 percent, respectively.

All three of the major averages posted weekly gains while the Nasdaq registered its longest winning streak, five days, of the year

Read more here: https://www.foxbusiness.com/markets/us-stocks-may-8-2020

Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.