What to watch today: Dow set to jump on the first day of June
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Summary:
June was set for a positive start on Wall Street. Dow futures led the way Tuesday, with an over 200-point gain, about 0.7%. The Dow Jones Industrial Average and S&P 500 broke two-week losing streaks with weekly gains around 1%. The Nasdaq jumped 2% last week for its first two-week winning streak since mid-April. (CNBC)The Nasdaq, however, bucked May's uptrend, dropping 1.5% and ending a six-month winning streak. Investors already have Friday's May employment report in their sights, as well as the June 15-16 meeting of Federal Reserve policymakers. (CNBC)* For CNBC Pro subscribers: Here are today's biggest analyst calls: McDonald’s, Vail, Nio, AMC
Bitcoin, off 44% from April's all-time high near $65,000, traded above $36,000 on Tuesday. Bitcoin crashed last month, plunging more tan 30% ...
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