Stocks opened the week higher despite the continuing rise in new coronavirus cases. This is due to investors believing states will continue to reopen even as some Covid-19 hotspots pop up. In economic news, pending home sales had a record increase of 44.3% in May.
Dow Jones +580 at 25,596
S&P 500 +44 at 3,053
NASDAQ +117 at 9,874
The 10 Year Treasury closed flat yielding 0.64%
Oil prices closed up $0.98 ending at $39.47 a barrel
Gold prices closed up $3 ending at $1,783 an ounce
The days’ stock news:
Wall Street consolidated its gains today, with stocks trading flat...
Optimism over the pending deployment of a COVID-19 vaccine drove...
Wall Street rallied today, adding to recent gains as investors...