market wrap 10.05.20

The Dow closed at 28,148.64 – up 465.83

The S&P 500 closed at 3,408.63 – up 60.19

The Nasdaq closed at 11,332.49 – up 257.47

News

Spacex has launched 60 Starlink satellites.

S&P record in the air.

Germany’s COVID-19 cases climb to mid-April levels.

U.S. Treasuries gain before Powell speech.

JP Morgan Chase to take over bankrupt shale producer Sable Permian Resources.

Soybeans advance on dry planting conditions in Brazil.

UK’s FCA bans cryptocurrency derivatives trading.

Published by mikebertelsen

Global market, trade, and financial news. I keep up to date with what I assess is important.

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