A view of the Wall Street street sign with the New York Stock Exchange during the coronavirus pandemic on May 25, 2020 in New York City.
Noam Galai | Getty Images
Stocks moved higher on the final trading day of the holiday-shortened week, fueled by better-than-expected jobs data. The Nasdaq Composite hit a new all-time intraday high, although all the major averages retreated from their highs mid-morning after Florida reported the largest single-day increase in Covid-19 cases since the pandemic began.
This is a live blog. Here’s what’s happening:
12:25 pm: Midday movers
Several tech companies and a new IPO have made headlines in early trading.
Tesla – Shares of the electric vehicle maker…