Dow Jones today gained more than 400 points
Dow Jones Industrial Average (^DJI) today closed at 21,413.44+469.93 (+2.24%). The Day’s Range was 20,735.02 – 21,477.77.
The fact that Dow Jones today closed higher and the stock market ignored or had discounted the negative number for the US weekly jobless claims can be considered positive, although we believe it is not prudent to mention yet that a stock bottom has been made. Corporate profitability will be released later this month. Tomorrow the stock market will focus on the non-farm payrolls and the unemployment rate. These numbers can move stocks.
Stock market data: Yahoo Finance, Stockscharts