Stocks moved higher today as investors believe the worst of the pandemic has passed. In economic news, a record 20.5 million jobs were lost in April, causing the unemployment rate to jump to 14.7%.
Dow Jones +455 at 24,331
S&P 500 +49 at 2,930
NASDAQ +142 at 9,121
The 10 Year Treasury closed up 5 basis points yielding 0.68%
Oil prices closed up $1.08 ending at $24.63 a barrel
Gold prices closed down $21 ending at $1,705 an ounce
In the days’ stock news:
Stocks opened lower this morning, but managed to turn positive,...
Stocks traded choppy today but ended with the major indices...
Stocks opened higher but turned negative early on, with every...