The Dow rocketed 580 points, or 2.4%, higher and the broader stock market rallied -- boosted by optimism about the continued reopening of the economy and a new potential coronavirus vaccine. The Dow climbed above 25,000 points, a level it hasn't closed at since March 10.The S&P 500 , which is the broadest measure of Wall Street, traded 1.9% higher and climbed above 3,000 points. It hasn't closed higher than 3,000 points since early March. The Nasdaq Composite was up 1.5%.
floor trading closed May 18 as the city shut down to limit the spread of coronavirus. It was the first time that the New York stock market operated entirely electronically. Read MoreThe economy has been decimated by stay-at-home orders that forced businesses to close, put millions of people out of work and sent stocks tumbling into a bear market. Although the economy remains in the toilet, investors have decided to wear their rose-colored glasses lately.
Joe better get out there and run on the ruined economy while he can..hurry joe, the sticks are rising and that means............
LOL we don't need a vaccine for COVID 19; something more than 199 out of 200 will live through.
Democrats be like....
This little girl should be commended 🔥
Has anyone else been abused at Banner Behavioral Health in Scottsdale other than me?
Is this a buying moment?
Cats toilette paper challenge
With record unemployment the market is up, that's almost funny.
Oh come on, can't get vaccine overnight
I know it's just the NASDAQ, but it looks pretty 'V' shaped to me
Breaking news, Dr Fauci said in the greatest everything falls into place scenario ever, we MIGHT have a truly viable vaccine by January at the earliest
Vaccine - 8 years out possibly. So, that's interesting.
FVCK “the Dow” and FVCK YOU! 🖕🏽
Almost 40 million unemployed and stocks going up? Well what can I say Rich stay Rich
Its up because people realize the China take over... IS OVER
Again. Merck CEO Casts Doubt On Hope-Filled Vaccine Timeline
Nothing spells premature optimism like a bunch of infected stockbrokers.
Merck CEO Casts Doubt On Hope-Filled Vaccine Timeline
Thanks to president Trump the stock market is 30% higher during a pandemic than what Obama’s high was
That's great and all, but I mean we still don't have jobs so........
It was closed for 2 months? I didn't even notice.
А вы как думаете?
🙏 In America ,to have to use twitter, post on Facebook to raise $$ for His aftertransplantcare fund is just shameful & embarrassing, why is it like this ? Why? 👈 Please 🔄 , it will help 👀 see! 🙏THANK You so much ! HumanCapitalStock JamesNewHeart
TakeTrumpOffTwitter
The rich get richer and the working man weeps.
Because the rich people have the money to buy up all the lower priced stocks right now.
WE DONT WANT NO Vaccine
The economy never closes. Markets close. Markets are not the economy.
Meanwhile kids are suffering 'A TOUS LES ENFANTS.» In this Reckless & Brutal World where Love is a Fake: Children are sacrificed on the altar of arrogance, individualism, sexual perversity and parentage settling ! Here's their song.
My Human Capital Stock is way down. cc: WhiteHouse, realDonaldTrump
Thank you President Trump. This will for sure be a landslide in 2020 for our great President!
Why would the Dow be up now bc of a possible vaccine that’s a year away?
I’m not celebrating until we are no longer in a national emergency
Can we stop pretending that the stock market has any relationship with the real economy? The Dow is based on a SECONDARY market. Meaning people buying stocks aren't INVESTING in companies, they are just SPECULATING on the stock prices. Only investment was at the original sale.
Irrational exuberance.
If the world is going to collapse, the dow jones will gain 2000 pts on the hopes of aliens taking over the next day.
Seems like this would have been a great job to kill high frequency trading vampires. They do nothing except leech money off the rest of us and increase volatility.
You know what makes me laugh the most. These people love the version of trump that took over a strong economy from Obama and lots of strong economic numbers. That will not be this version of trump. Lmao. I can’t wait. Let’s see who hangs in when their ass is being lit up
😂😂.. the money hunger is great! Big corps and billionares are have a great day while low paid americans are dying to feed the greed 🤮.. and when the virus boomerangs because the greed pushed the workingforce out in an unsafe working enviroment, the migthy stock will drop badly
cuomo was such a good little boy using hud to fund the black budget they gave him New York to suck dry. Boy did he do a good job there. Next stop president! Good little soldiers get big rewards
And it will tank in no time. Capitalism is in its death throes: hope it takes CNN down first.
So economy is coming back and vaccine is making progress. I'll wait to see liberal spin on why that is BAD. Man, it must be exhausting to be a liberal.
KEY WORD HOPES ❓❓💲
Wall St. traders/gamblers must be some of the worst delusional ppl who believe that a vaccine will magically appear in next couple of months.
Nope. Not on hopes for some nasty vaccine. 🤢
Little by little Trump is winning but unsurprisingly CNN won't acknowledge him. In two months Trump will take the American economy back to its very best.
Wait for the deathcount from this weekend to roll in.
Sure Trump manipulation of the Market again
Whole world in lockdown with no jobs... somehow millionaires getting richer and everyone is cool with it
It is less the hope of the vaccine but the certainty that this virus does less harm then anticipated by the science community and told by CNN and others.
That’s like saying Dow soars on hopes that fairy dust will soon open the economy.
Which makes absolutely no fucking sense with a 15% unemployment. The stock market is fake and we need to stop using it as an economic barometer.
There will never be a vaccine. This virus was modified by humans to be resistant to anything we throw at it.
Republicans can't WAIT to Purge for the Economy......good thing there is an election in a few months. TrumpGate is up to 100,000 Dead Americans today
Too bad NYC is dead
Lolololol you mean the vaccine made by the company where the CEO sold off millions in stock last week? Sounds like some bad news will be coming out soon.
Guys I am Beginner YouTuber... Plz subscribe my channel... So your support 👇👇🏿👇👇🏿👇👇🏿👇👇🏿👇👇🏿👇
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Variety - 🏆 108. / 63 Read more »
Source: cnnbrk - 🏆 393. / 55 Read more »
Source: Variety - 🏆 108. / 63 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: people - 🏆 712. / 51 Read more »
Source: DEADLINE - 🏆 109. / 63 Read more »