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The Business Insider: The Money Game Dow surges 500 points as positive housing data outweighs virus spread

on 6/29/2020
  • US stocks climbed on Monday as investors continued to bet on economic reopenings despite soaring coronavirus case counts.
  • Pending home sales rocketed 44.3% in May, besting expectations and pointing to a swift rebound for the US housing market.
  • Global virus deaths topped 500,000 on Sunday, while confirmed cases tore above 10 million.
  • Boeing led the Dow higher after US regulators approved test flights of its troubled 737 Max jet.
  • Oil gained, with West Texas Intermediate jumping as much as 2.1%, to $39.30 per barrel.
  • Watch major indexes update live here.

  • S&P 500: 3,044.18, up 1.1%
  • Dow Jones industrial average: 25,502.17, up 2% (487 points)
  • Nasdaq composite: 25,502.17, up 0.9%

Full "The Business Insider: The Money Game" article

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