Generally positive economic data helped propel the major averages to huge gains to begin the week. Despite continued negative coronavirus news. Fatalities in the US reaches 6, test kits reman expensive, unreliable and scarce leading to wild guesses regarding the true extent of infections. While the disease spreads rapidly in Europe and South East Asia, all of which suggest that containment has been lost.
Standard and Poors 500 Index closed at: 3,090.23 up 136.01
NASDAQ finished the day: 8,952.17 up 384.80
Gold ended trading at: $1,588.80 up $22.10