1. Dow set to surge after an influx of jobs data
Traders wear masks as they work on the floor of the New York Stock Exchange as the outbreak of the coronavirus disease (COVID-19) continues New York, May 27, 2020.
Lucas Jackson | Reuters
Dow futures pointed to an over 400 point gain at Thursday’s open after a double dose of jobs data.
The government said Thursday morning that a much better-than-expected 4.8 million nonfarm jobs were added in June while the nation’s unemployment rate fell to 11.1%. The monthly report came one day early because the stock market is closed Friday in observance of the Fourth of July. The government’s normal Thursday look at weekly jobless claims showed a…