Tuesday, May 5, 2020

Two months ago, the United States had the greatest economy in its history. And we're going to do it again. 🇺🇸

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U.S. equity markets surged Tuesday as plans to reopen parts of the country gained momentum. ⁣ ⁣The Dow Jones Industrial Average climbed 232 points, or 0.98 percent, in the opening minutes of trading while the S&P 500 and the Nasdaq Composite rose 1.01 percent and 1.12 percent, respectively. ⁣ ⁣California, which has imposed some of the strictest shelter-in-place measures, will move into Stage 2 of its reopening plan by the end of the week, allowing for retail, manufacturing and other “low-risk” businesses to unlock their doors, Gov. Gavin Newsom announced at a Monday evening press conference. The relaxation in rules won't apply to the San Francisco Bay area. ⁣ ⁣On Tuesday, Calfornia’s Laguna Beach will reopen, and Washington State will allow outdoor activities such as hunting, fishing and golfing to resume.

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