20May2020 Midday Update: Wall Street Climbs As Investors Hold Out For Recovery, DOW Up 350 Points, WTI Higher At 33.00, Nasdaq At Three-month High At +1.7%
Written by Gary
Wall Street’s main stock indexes surged at the opening bell and have been trading in a narrow band mostly sideways (SPY +1.7%). Investors cling to a recovery from a coronavirus-fueled slump amid signs of more stimulus for ailing sectors.
Source: http://econintersect.com/pages/market/market.php?post=202005201158
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