US stocks gain as economic-reopening optimism continues to outweigh civil unrest

Credit: Business Insider- Published on June 3, 2020
· *US equities climbed on Wednesday as investors pointed to positive labor-market data as a new sign of smooth economic recovery.*
· *Major indexes extended premarket gains after an ADP labor-market report said US private payrolls fell by 2.76 million in May, far below economists' estimate of 9 million.*
· *Oil prices...

Video credit: Wochit Entertainment
Published on June 3, 2020 -  00:34
Think Positive: Despite Pandemic, Civil Unrest, Dow Jumps 268 Points
The stock market seemed to pay little to no attention to the civil unrest sweeping the US on Tuesday. According to Markets Insider, US stocks rose as investors turned their attention towards encouraging signs of an economic reopening. Overnight losses in equity futures evaporated by the market's open as traders eyed the prospect of new German stimulus. Energy stocks finished 2.7% higher on Tuesday. Materials and industrial shares also rose more than 1.2%. Major indexes closed at session highs.

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