ADAD“The market does not want to see these trade tensions flare up,” said Scott Wren of Wells Fargo Investment Institute. The blue-chip index is 36 percent higher than its March 23 low and 14 percent off its all-time high. The Standard & Poor’s 500 finished the session with a modest gain, closing up 15 points or 0.5 percent, to finish at 3,044.31. The broad index expanded 4 percent during the month and is 36 percent above its March 23 bottom. ADADU.S. benchmark West Texas Intermediate rose 90 percent in May, aided by a slash in domestic output of 2 million barrels from the 13 million barrels U.S. producers were pumping in late March.

Source: Washington Post May 29, 2020 16:48 UTC