Usa death economy Usa

Wall Street gains as recovery hopes overshadow US protests

Reading now: 915
www.livemint.com

Wall Street's major indexes rose on Monday as investors chose to look past violent protests across the country over racial inequality and focused more on economic data that bolstered views of a quick post-pandemic recovery.

U.S. manufacturing activity eased off an 11-year low in May, an Institute for Supply Management (ISM) survey showed, the strongest sign yet that the worst of the economic downturn was behind as businesses reopen.

That helped financial stocks, which tend to perform better when the outlook for the economy improves, power ahead, providing the biggest boost to the S&P 500.

The benchmark index's 38% rebound since late March has been underpinned by trillions of dollars in stimulus and hopes that the global economy will

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Russia-Ukraine war disinformation spreading online as experts say to seek credible sources - fox29.com - state Arizona - Russia - Ukraine
fox29.com
70%
606
Russia-Ukraine war disinformation spreading online as experts say to seek credible sources
PHOENIX - Facebook, Twitter and other social media platforms are battling to remove Russian disinformation accounts targeting Ukrainians, and experts at Arizona State say it's something they're watching closely.They want those scrolling online to be on the lookout for false information being spread on social media and websites.With online news spreading so quickly over the war, and things changing by the minute, experts say it's hard to really get a good grasp of everything that's happening, but they want to warn you that disinformation is spreading and to only use reliable resources before reading or sharing them."This kind of disinformation can be a useful weapon," says Dr. Jacob Lassin with Arizona State.Facebook, Twitter, Apple and other tech companies are under increasing pressure to crack down on disinformation being spread online, mainly from Russian hackers, they say, about the war in Ukraine.Lassin says with digital devices making information accessible in the palm of a hand, it’s also made spreading disinformation worse, too."What’s really important is that people take the time to look at the source to figure out kind of where things are coming from," Lassin advised.Facebook’s parent company Meta said on Monday it has caught dozens of fake, pro-Russian accounts, groups and pages across its platforms that are trying to spread anti-Ukrainian propaganda.
DMCA