“Dow jumps 300 points to begin May, reopening trades gain”
May 3, 2021
“The Dow Jones Industrial Average rose 300 points. The S&P 500 gained 0.6% and the Nasdaq Composite inched up 0.4%. Berkshire Hathaway shares rose 1% after Warren Buffett’s conglomerate reported a 20% surge in operating earnings and continued to buy back large amounts of its own shares. Buffett also revealed to CNBC that when he is no longer in charge, Greg Abel, vice chairman of all non-insurance operations, will succeed him. Bets on the economic reopening led the market advance. Gap jumped more than 4%, while Disney and Royal Caribbean rose more than 1% each. Caterpillar and Travelers Companies also both gained about 1%…”
https://www.cnbc.com/2021/05/02/stock-market-futures-open-to-close-news.html