On Monday, the S&P 500 soared back into positive numbers for the year after plunging into the abyss in March. “Stocks finished the day at their session highs with the S&P 500 jumping 1.2%, or 38.46 points, to 3,232.39. The equity benchmark turned positive for the year in the final moments of Monday and has now bounced more than 47% off its March low. At one point this year, the S&P 500 was down more than 30%. It’s now positive for 2020 by 0.05%,” CNBC reported.
The Dow Jones Industrial Average closed at 27,572.44, 461.46 points higher; the NASDAQ Composite closed at 9,924.74, a “fresh record high,” CNBC noted.
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