Dow closes above 25k for first time since March
By Sylvan Lane - 05/27/20 05:51 PM EDT
The Dow Jones Industrial Average closed Wednesday above 25,000 points for the first time since March as stocks rallied for the second straight day.
The Dow closed with a gain of 553 points, rising 2.2 percent to close at 25,548 points. The S&P 500 index notched a gain of nearly 1.5 percent while the Nasdaq composite rose almost 0.8 percent.
Stocks have risen steadily since the market bottomed out in mid-March despite the persistence of staggering job losses, rising unemployment, and growing pessimism in the pace of the economic recovery from the coronavirus crisis.
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https://thehill.com/policy/finance/499823-dow-closes-above-25k-for-first-time-since-march
