Wall Street advanced on Monday as investors girded for a busy earnings week while turning a hopeful eye toward several U.S. states that are relaxing shutdown restrictions put in place to curb the spread of the COVID-19 pandemic.
The New York Stock Exchange is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease in New York City, U.S., April 26, 2020. REUTERS/Jeenah Moon
The indexes are all now within 20% of their record closing highs reached in February, with the benchmark S&P 500 on track for its best month since 1987, after trillions of stimulus dollars helped U.S. equities recover from March lows. Several states have begun easing shutdowns, and market participants will closely monitor whether a second wave of infections will hinder efforts to revive economies and get Americans back to work following crushing job losses.
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.
US stock futures rise slightly as Wall Street weighs the prospects of re-opening the economyStocks futures traded slightly higher on Sunday night as investors assessed the possibility of re-opening the global economy.
Read more »
Amazon gets a rare sell rating from Wall Street analyst - Business InsiderR5 Capital wrote in a note Monday that it's lowering its rating on Amazon over concerns of slowing growth and higher expenses amid COVID-19.
Read more »
New York’s Hester Street Fair Lives On—OnlineThe Lower East Side event has always been a fluid form of ”fair.” Now amid Coronavirus, they’re taking the festivities to Instagram.
Read more »
Phoebe Waller-Bridge Is Isolating With a Wall of PenisesPhoebe Waller-Bridge is social distancing like the rest of us, holed up in her London home with naught but her sister and a wall of penises. The penises are made of plaster, but they are penises nonetheless.
Read more »
Citizens of Sesame Street Hold Town Hall to Discuss the Impact of CoronavirusBrought to you by the letters C, N, and N.
Read more »
Analysts downgrade several stocks, including Amazon and Caterpillar, as Wall Street's dismal earnings season continuesNew for subscribers: Analysts downgrade several stocks, including Amazon and Caterpillar, as Wall Street's dismal earnings season continues Check out CNBCPro for a free trial.
Read more »