Stocks closed higher to start the new month amid mounting bets on a successful economic reopening.
Wall Street starts June on positive note, but risks remain The market picked up right where it left off, building on the strong gains from April and May. "Equity markets continue to display remarkable resilience in the face of a constant barrage of troubling developments, with investors continuing to focus on the positive signs of reopening," says one analyst.
However, investors still face several risks, including that of a second wave of coronavirus and protests across the U.S., both of which can derail the recent optimism about the economic recovery.Shares of companies that benefit from the economy reopening led Monday's gains.
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.
Competitive sport in England gets green light for Monday restartAfter a near three-month shutdown, elite competitive sport in England can resume from Monday behind closed doors provided strict conditions are met, the government said on Saturday.
Read more »
Sports events in England allowed to resume from MondaySports events will be allowed to resume in England from Monday without any spectators.
Read more »
Competitive sport in England gets green light for Monday restartAfter three-month shutdown, competitive sport in England to resume on Monday behind closed doors with strict conditions
Read more »
Singapore confirms 408 new coronavirus cases on monday: health ministrySingapore confirmed 408 new coronavirus cases on Monday, its health ministry said, bringing the city-state's tally to 35,292.
Read more »
5 things to know before the stock market opens MondayDow futures rise Monday even as violent protests in major cities over racial inequality and police brutality added to coronavirus uncertainty.
Read more »