Markets Live Recap: Stocks Reverse Early Morning Plunge and Close 1.5% Higher

Another 2.98 million Americans filed for unemployment benefits over the past week (versus the 2.7 million expected). Now, over 36.5 million Americans find themselves without work. That sent the Dow down about 1.5% to start the day. But then the market rebounded mid-day and closed about 1.5% higher - led by the financials and energy sectors. Here's what our experts - Chris Johnson and Shah Gilani - saw at the beginning and end of the trading day. The post Markets Live Recap: Stocks Reverse Early Morning Plunge and Close 1.5% Higher appeared first on Money Morning - We Make Investing Profitable . And why they're still not buying this rally... To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
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