{"id":74419,"date":"2020-06-08T01:54:46","date_gmt":"2020-06-08T05:54:46","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=74419"},"modified":"2020-06-10T02:01:13","modified_gmt":"2020-06-10T06:01:13","slug":"sp-500-erases-its-loss-for-the-year-as-stocks-rally-on-reopening-optimism","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2020\/sp-500-erases-its-loss-for-the-year-as-stocks-rally-on-reopening-optimism.html","title":{"rendered":"S&#038;P 500 erases its loss for the year as stocks rally on reopening optimism"},"content":{"rendered":"<p>(CNBC) Markets continue to climb on coronavirus recovery optimism\u2014Five experts explain the rally. The stock market rallied once again on Monday, pushing the S&#038;P 500 into the green for the year as the benchmark completed its wild round trip amid the coronavirus pandemic. Investors are growing more and more optimistic about a speedy economic recovery as states continue to reopen. Stocks finished at their session highs with the S&#038;P 500 jumping 1.2%, or 38.46 points, to 3,232.39. The equity benchmark turned positive for the year in the final moments of Monday and has now bounced more than 47% off its March low. At one point this year, the S&#038;P 500 was down more than 30%. <\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/06\/07\/stock-market-futures-open-to-close-news.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Markets continue to climb on coronavirus recovery optimism\u2014Five experts explain the rally. The stock market rallied once again on Monday, pushing the S&#038;P 500 into the green for the year as the benchmark completed its wild round trip amid [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-74419","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=74419"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74419\/revisions"}],"predecessor-version":[{"id":74420,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74419\/revisions\/74420"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=74419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=74419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=74419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}