surge

U.S. equity markets rallied Friday despite historic job losses as states forged ahead with reopening plans.The Dow Jones Industrial Average gained 330 points, or 1.38 percent, in the opening minutes of trading while the S&P 500 and the Nasdaq Composite rose 1.12 percent and 0.82 percent, respectively.The U.S. economy lost 20.5 million jobs in April, according…

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Yesterday I pointed out that this has been a tough week for Swedish officials attempting to guide the country through the coronavirus crisis. After suggesting the curve was flattening last week, they were hit with two days in a row of the highest ever jumps in the number of deaths (185 on Tuesday and 172…