Dow Rallies 500 Points as Wall Street Cheers on The Economy Reopening, JPMorgan Jumps
Wednesday, 27 May 2020 03:27 WIB | MARKET UPDATE |DOW JONESS & P 500SahamAS

Stocks surged on Tuesday, adding to their strong gains from last week, as optimism grew about the reopening of the economy and a potential coronavirus vaccine.

The Dow Jones Industrial Average gained 529.95 points, or 2.2%, to close at 24,995.11. The 30-stock average briefly traded above 25,000 for the first time since early March before closing just below the mark.

The S&P 500 rallied 1.2% to 2,991.77 . The index traded above 3,000 for most of the session, but fell back below that level in the final minutes of trading. The Nasdaq Composite lagged, rising just 0.2% to 9,340.22.

Source : CNBC

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