Wall Street gained more than 1% as investors turned a hopeful eye toward several U.S. states that are relaxing shutdown restrictions and reopening their economies
All three major U.S. stock averages advanced, and 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 claw back much of the ground lost since the coronavirus crisis brought the economy to a grinding halt.
Several states have begun easing stay-at-home restrictions, in efforts to revive economies and get Americans back to work following crushing job losses.
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