Investors cheered reopening announcements and brushed off better-than-expected jobs data
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| | | 5/08/2020 | |
A Maryland multimillionaire explains how a new moneymaking era is erupting in America, making many rich--while leaving so many behind... Get the facts for yourself here. |  | |
| Dow Snags Impressive Weekly Win | | By Lillian Currens | | It was another day of massive gains for the major indexes today, with the Dow snatching up a roughly 455 point win, as investors wax optimistic that the worst of the coronavirus crash is in the rear view. This sentiment managed to plow right over another devastating round of employment data. Reopening announcements from FAANG names Apple (AAPL) and Alphabet (GOOGL) are also boosting the mood on Wall Street, with S&P 500 and Nasdaq both ending up over 1.6%. For the week, all three indexes finished firmly in the black, while Wall Street's "fear gauge," the Cboe Volatility Index, closed at its lowest point since Feb. 26 Continue reading for more on today's market, including: | | >> Continue reading... | |
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