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Economy, Stocks

“Stocks rise on hope of economy reopening”

“The Dow Jones Industrial Average climbed 230 points, putting the blue-chip average on track for five consecutive days of gains. The Standard & Poor’s 500 rose 1%, on pace for its first three-day winning streak in a month. Both averages are within 20% of their February records after slumping into a bear market in March.

Sectors of the stock market that are most closely tied to the strength of the economy were leaders. Financial stocks rose 3% for the biggest gain among the 11 sectors that make up the S&P 500. Industrial stocks were close behind with a gain of 2.7%, and raw-material producers were up 2.1%…”

https://www.usatoday.com/story/money/2020/04/28/dow-stocks-rise-hope-economy-reopening/3038584001/

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