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Wall Street surges after strong May jobs data; Dow rises 2.5%

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US unemployment rate, lending weight to hopes of a faster economic rebound from a coronavirus-driven slump.At 10:00 am ET, the Dow Jones Industrial Average rose 654.25 points, or 2.49%, to 26,936.07.

The S&P 500 opened higher by 64.61 points, or 2.08%, at 3,176.96, while the tech-rich Nasdaq Composite gained 155.60 points, or 1.62%, to 9,771.41.This story has been published from a wire agency feed without modifications to the text.

Only the headline has been changed.Click here to read the Mint ePaperLivemint.com is now on Telegram. Join Livemint channel in your Telegram and stay updated.

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Through my eyes: COVID-19, breast cancer, and counselling others
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BP to slash 10,000 jobs worldwide over COVID-19 impacts
BP announced Monday that it will slash its global workforce by 10,000 jobs as the COVID-19 pandemic slams the oil and gas industry.Chief Executive Bernard Looney said that the cuts will affect office-based roles in BP’s global workforce of 70,000 people and come mostly this year. The changes are expected to significantly affect senior levels, cutting the number of group leaders by a third.“We are protecting the frontline of the company and, as always, prioritizing safe and reliable operations,” Looney said after a call with his staff.
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Police charge cyclist in connection with assault of 3 people posting flyers in Maryland
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NASCAR President says 'our sport' and 'country' need to do better on racial injustice
Photo by Chris Graythen/Getty Images HAMPTON, Ga. - Bubba Wallace donned a black T-shirt with the words “I Can't Breathe” and NASCAR paused before Sunday's Cup race at Atlanta Motor Speedway to acknowledge the country's social unrest. The governing body vowed to do a better job of addressing racial injustice in the wake of George Floyd's death.During their warm-up laps, the 40 cars pulled to a stop in front of the empty grandstands and shut off their engines so NASCAR President Steve Phelps could deliver a message over their radio sets.“Thank you for your time,” Phelps said.
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Reconstruction work on Notre Dame cathedral restarts after coronavirus delay
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Orange County temporarily closes CARES ACT grant applications minutes after opening
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Savvy Scots shop owner rumbles fake note after clueless scammer hands over 20 'poond'
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Nicola Sturgeon - Nicola Sturgeon says Scotland may enter phase two of lockdown by next week - dailyrecord.co.uk - Scotland
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Nicola Sturgeon says Scotland may enter phase two of lockdown by next week
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Ayr auto jobs saved after council cash u-turn
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Kym Marsh: Coronation Street star opens up on heartbreaking family news 'He was great'
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India may see 0% GDP growth this fiscal year, says Moody's
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Bernard Looney - BP to cut 10,000 jobs worldwide amid virus pandemic - clickorlando.com
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BP to cut 10,000 jobs worldwide amid virus pandemic
LONDON – Energy company BP said Monday that its global workforce will be trimmed by 10,000 jobs as the COVID-19 pandemic slams the oil and gas industry.Chief Executive Bernard Looney said that the roles will be office-based and come mostly this year. The company’s current global workforce is 70,000.The changes are expected to significantly impact senior levels, cutting the number of group leaders by a third.
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Tributes paid to 'beautiful' Celtic fan after she loses breast cancer battle
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Coronavirus Scotland: No new Covid-19 deaths recorded for second day in a row
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Ryanair boss warns UK quarantine rules will cost 'millions of tourism jobs'
coronavirus fears will cost millions of tourism jobs, Ryanair boss Michael O’Leary has warned.He said his airline is experiencing a “collapse of inward bookings” for flights this summer, because people are being told to self-isolate for 14 days under government measures that came into effect today to guard against a second wave of coronavirus.All passengers, bar a handful of exemptions, now have to fill out an online locator form giving their contact and travel details, as well as the address of where they will isolate.Mr O’Leary told ITV's Good Morning Britain: “We’re seeing thousands of British families booking their holidays in Portugal, in Spain and Italy, but there’s almost a collapse of inward bookings bringing those Italians,
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Robin Shattock - Human trials for another potential coronavirus vaccine to start in UK next week - manchestereveningnews.co.uk - Britain - city London - city Manchester
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Human trials for another potential coronavirus vaccine to start in UK next week
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The under-representation of women of colour in the work place after celebrities speak out on their struggles
Black female representation in mainstream media can be few and far between.The fashion industry takes inspiration from black culture, and some brands are viewing black women as a way to tap into a 'trend' or simply casting them to hit a 'diversity quota.' Naomi Campbell reflected on her struggles as a black woman from when she first started in the fashion industry, once saying: "When I started out, I wasn't being booked for certain shows because of the colour of my skin". Many famous models went through similar experiences when it comes to their skin colour becoming a barrier to work in the fashion industry.
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Marcel Somerville says he 'nearly died' as he breaks silence from hospital bed
Marcel Somerville has told how he was close to death at the weekend after being rushed to hospital with a mystery illness.
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Mitt Romney Washington city Washington state Utah president death mask shock
COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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