Boeing and Apple lead Dow higher

0
49

Traders and financial professionals work on the floor of the New York Stock Exchange.

Drew Angerer | Getty Images

Dow Jones Industrial Average rises 580 points

Boeing surges, Apple gains

Coronavirus cases continue to rise

Monday’s gains came even after data compiled by Johns Hopkins University showed more than 2.5 million Covid-19 cases have been confirmed in the U.S., along with more than 125,000 deaths. Some, such as Tom Lee of Fundstrat Global Advisors, say they’re taking solace in the fact that the acceleration in infection numbers is not yet leading to a marked rise in fatalities.

What happens next?

Tuesday will be the final trading day of the month and the second quarter. Consumer confidence numbers are also set for release at 10 a.m.

Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world.

2020-06-29 20:08:28

Read more from source here…