The gross domestic product, which is the broadest measure of economic health, fell at an annual rate of 5 percent in the first three months of 2020. NEW YORK - U.S.
equity markets closed higher on Monday even after riots over the weekend left a trail of destruction across America, damaging major retail storefronts and likely further delaying the reopening of businesses as lockdowns lift.
The Dow Jones Industrial Average gained 91.91, or 0.36 percent, after falling by as many as 162 points in the opening minutes of trading.
The S&P 500 and the Nasdaq Composite were higher by 0.38 percent and 0.66 percent, respectively. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates Riots erupted across the country over