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The Business Insider: The Money Game Dow soars 580 points as optimistic home-sales data overshadows 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 a record 44.3% in May, beating 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 3.6%, to $39.89 per barrel.
  • Watch major indexes update live here.

  • S&P 500: 3,053.25, up 1.5%
  • Dow Jones industrial average: 25,595.80, up 2.3% (580 points)
  • Nasdaq composite: 9,874.15, up 1.2%

Full "The Business Insider: The Money Game" article

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