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Consumer Confidence and Vaccine Hopes Push Stocks to Highs Not Seen Since March
Traders wearing masks work on the first day of in-person trading since the closure during the COVID-19 outbreak on the floor at the New York Stock Exchange in New York on May 26, 2020. Brendan McDermid/Reuters
U.S. stocks jumped on Tuesday, pushing the Dow Jones Industrial Average to close near 25,000. Top White House economist Larry Kudlow said that consumer confidence and optimism over a CCP virus vaccine were among the factors that fueled the rally.
Unofficially, the blue-chip Dow rose over 530 points, or 2.2 percent, to 24,997.
Allen Zhong is a long-time writer and reporter for The Epoch Times. He joined the Epoch Media Group in 2012. His main focus is on U.S. politics. Send him your story ideas: [email protected]
