Stocks Rally, Dow Up 100 Points Despite Civil Unrest

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The market opened higher today, with stocks continuing to rally on optimism about a reopening of the economy despite widespread civil unrest across the country over the killing of George Floyd by skleb1234

The market opened higher on Tuesday, with stocks continuing to rally on optimism about a reopening of the economy despite widespread civil unrest across the country over the killing of George Floyd.... [+]The Dow Jones Industrial Average was up 0.4%, over 100 points, at Tuesday’s open, while the S&P 500 was up 0.2% and the tech-heavy Nasdaq was flat.

The market has largely looked past the protests and riots taking place in many big cities, instead moving higher on optimism about reopening of the economy. Shares of Zoom Video fell almost 4% ahead of the company’s first quarter earnings results: The stock hit a new record high on Monday, breaking above $200 per share for the first time.

Source: News Formal (newsformal.com)

 

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skleb1234 Why

skleb1234 Does not make any sense. How can markets rally with unemployment s & civil unrest.

Which market? 😂

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