Wall Street jumps as hopes for easing lockdown offset earnings worry

U.S. stocks jumped an optimism that the Trump administration could move to ease the lockdown

White House adviser Larry Kudlow said President Donald Trump would make a number of announcements about reopening the U.S. economy in the next day or two as the health crisis appeared to be ebbing, although some state governors have said the decision to restart businesses lies with them.

The Nasdaq registered a fourth straight day of gains. Among its biggest boosts was Amazon.com , which rose 5.3% to $2,283.32, a record high close.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street tumbles as investors brace for dour earningsWall Street's main indexes slipped on Monday as corporate America launches into what is expected to be a painful quarterly earnings season due to the coronavirus pandemic.
Read more »

Wall Street analysts turned very bullish on these stocks during the pandemic market turmoilFor subscribers: Wall Street analysts turned very bullish on these stocks during the pandemic market turmoil Check out CNBCPro and get your first 7 days free.
Read more »

Wall Street analyst who called the 2018 rout says ‘don’t fight the Fed’ and ‘buy the dips’ is back on in this coronavirus-stricken stock marketMorgan Stanley’s chief U.S. equity strategist in a Monday research note, along with a team of strategist, including Adam Virgadamo, Andrew Pauker and Michelle Weaver, double down and even up their enthusiasm for equities in the aftermath of the pandemic that has rocked global markets and economies.
Read more »

Savile Row, Jermyn Street Brands Make Do, and Make Hospital ScrubsThe historic men’s tailored clothing hubs are conjuring a wartime spirit, trying to serve customers as best they can and making protective clothing in their factories and workshops.
Read more »

'Sesame Street' Airing A Coronavirus Special To Comfort Kids'Elmo's Playdate' will feature Muppets and celebrity guests Anne Hathaway, Lin-Manuel Miranda and Tracee Ellis Ross.
Read more »

13 Best Mirror Sunglasses For Your Street-Style Snaps 2020 / 2021 » Fashion Allure13 Best Mirror Sunglasses For Your Street-Style Snaps bbloggers fbloggers fashionblogger fashionaddict fashiondiaries fashionista styleinspo fashionblog inspo
Read more »