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02 Jun: Stock market news for June 1, 2020

Stock market news June 1, 2020 “Dow Jones Industrial Average rises 91 pointsThe Dow gained 91.91 points, or 0.36%, to close at 25,475.02. The S&P 500 advanced 0.38% to 3,055.73. The Nasdaq Composite climbed 0.66% to 9,552.05. Stocks closed higher to start the new month amid mounting bets on a successful economic reopening. Wall Street starts June on positive note, but risks remainThe market picked up right where it left off, building on the strong gains from April and May. “Equity markets continue to display remarkable resilience in the face of a constant barrage of troubling developments, with investors continuing to focus on the positive signs of reopening,” says one analyst. However, investors still face several risks, including that of a second wave of coronavirus and protests across the U.S., both of which can derail the recent optimism about the economic recovery.” Stock market source: https://www.cnbc.com/2020/06/01/what-happened-to-the-stock-market-monday-stocks-rise-to-start-june.html How the US stock…