NewsWatch: Dow jumps 1%, Nasdaq briefly carves out record as stock market aims to add to rally as Fed week kicks off

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MARKETWATCH FRONT PAGE

U.S. stocks mostly rise at the start of Monday trade as Wall Street equities aim to extend a rally that briefly lifted the Nasdaq Composite to new intraday record amid hopes that the gradual easing of lockdown measures was proving successful and fostering appetite for risk assets. See full story.

He sold his company for billions, then used almost all the proceeds to invest in two stocks — and only two stocks

What would Warren Buffett do? Definitely not this. See full story.

Fed will be encouraged by the May job-market surprise but unlikely to rip up its low-rates-for-longer script

The Federal Reserve will be pleased with the surprising gain in job growth in May, but it’s not enough to get them to rip up the script of low rates for longer, economists said. See full story.

Republicans and Democrats agree: America is out of control

We can’t seem to agree on much of anything these days, but a new has apparently found some common ground: See full story.

Anxiety overtakes excitement as New York City prepares to reopen on Monday

The next hurdle will be making sure the city can keep the spread of the disease under control as more activity resumes. See full story.

MARKETWATCH PERSONAL FINANCE

Treat this enforced time at home as the Great Reset and ask Marie Kondo’s fundamental question: what activities bring you joy? See full story.

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