S&P 500, Dow scale fresh three-month peaks

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The S&P 500 and the Dow Jones indexes hit new three-month highs on Tuesday on prevailing optimism around the reopening of businesses, with investors remaining cautious around more disruptions from protests in the country over the death of a black man while in police custody.

Improving economic data, trillions of dollars in stimulus and the restarting of businesses have helped the S&P 500But investors are keeping a close eye on Sino-U.S. tensions and anti-police brutality marches and rallies that have often turned violent in many cities.

Demonstrators set fire to a strip mall in Los Angeles, looted stores in New York City and at least five U.S. police officers were hit by gunfire, hours after President Donald Trump vowed to deploy the U.S. military to regain control of the streets. “The reopening of the country and getting back to business is a much larger input into the equation versus what it is seen primarily as a temporary shutdown of sporadic businesses in the major cities that the demonstrations are actually causing the most damage,” said Art Hogan, chief market strategist at National Securities in New York.

 

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F you wall st

I mean the entire country is burning down but so glad some millionaires made more money.

Sad news

Well thank god the billionaires are ok

Well that clearly solves everything

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