M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
After a tentative start, US stocks had a strong day with some rotation out of "stay-at-home" and into re-opening names. The Dow gained 2.1% compared to the S&P's 1.3% and the NASDAQ'a 0.9%. Contributing factors included relative valuations and extrapolation from JP Morgan's earnings. #economy #markets #stocks #dow #nasdaq
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