The Nasdaq Composite closed at an all-time high, up more that 40% from its March lows, and the S&P 500 turned positive for 2020
U.S. stocks rose Monday on growing optimism over the pace of the economic recovery, pushing the Nasdaq Composite to its first record close in nearly four months and the S&P 500 into positive territory for the year.
Friday’s surprisingly upbeat jobs report continued to stoke investor demand for stocks, analysts said. Shares of airlines, retailers, cruise liners and other companies tied to the reopening of the economy led the market higher.David Bailin, Citi Private Bank's CIO, highlights several buying opportunities for investors right now. Plus, Nobel laureate, Joseph Stiglitz unpacks the divide between Main Street and Wall Street.
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