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MarketScreener Homepage  >  Indexes  >  USA  >  S&P 500    SP500

S&P 500

(SP500)
Delayed Quote. Delayed USA - 07/02 05:19:00 pm
3130.01 PTS   +0.45%
07/03European Stocks Drift Lower With U.S. Markets Shut
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07/03European Stocks Drift Lower With U.S. Markets Shut
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Recovery hopes drive Wall Street higher

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06/03/2020 | 05:29pm EDT

Stocks staged a powerful advance Wednesday as more signs of economic recovery spurred investors to buy shares. Private payrolls fell far less than expected in May, suggesting layoffs were abating.

Boeing's huge leap gave the Dow the day's biggest gains. The blue chip index rose 2%. The S&P 500 added 1.3%. The Nasdaq gained 0.8%, inching closer to its all-time high but lagging the others Wednesday as the leaders of the rally broadened beyond tech stocks to include financials, industrials and energy.

Piper Sandler senior technical analyst Craig Johnson likes what he sees.

"When I see expansion in breadth, that's when I say things are turning positive. Now is the time to load the boat."

Investors loaded up on Boeing shares on word that Daniel Loeb did, too. The billionaire investor's firm, Third Point, said it had taken a stake in the aerospace giant.

Warner Music struck a chord with investors. The world's third largest recording label's shares rose on their debut on the Nasdaq, marking a further sign of recovery for the IPO market.

Coty shares rose as the cosmetics maker again tried to keep up with the Kardashians. The company said it's in talks to collaborate on a beauty line with reality TV star Kim Kardashian West. It already owns a majority stake in half sister Kylie Jenner's makeup and skincare line.

Stocks mentioned in the article
ChangeLast1st jan.
BOEING COMPANY (THE) 0.27% 180.81 Delayed Quote.-44.50%
DJ INDUSTRIAL 0.36% 25827.36 Delayed Quote.-9.50%
NASDAQ 100 0.61% 10341.891881 Delayed Quote.18.42%
NASDAQ COMP. 0.52% 10207.628547 Delayed Quote.13.76%
PIPER SANDLER COMPANIES 0.23% 57.61 Delayed Quote.-27.93%
S&P 500 0.45% 3130.01 Delayed Quote.-3.12%
THE NEW HOME COMPANY INC. 0.63% 3.2 Delayed Quote.-31.33%
WORLD CO., LTD. -1.19% 1496 End-of-day quote.-44.41%
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