New York (CNN Business) US stocks rallied again on Monday, pushing the Nasdaq to an all-time high and the S&P 500 into positive territory for the year, signaling growing optimism about the pace of recovery after Friday's better-than-expected jobs report. Dow INDU S&P 500 SPX Nasdaq Composite COMP Thefinished up 461 points, or 1.7% higher. Theended up 1.2%, erasing its losses for the year. It's a continuation of the remarkable turnaround for US stocks, which plunged into a bear market in mid-March when the US economy started to shut down because of coronavirus. The broader stock market remains below the all-time high it reached February 19.

Source: CNN June 08, 2020 22:18 UTC