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Stocks extend gains on Wall Street to a 3rd straight day

2 monthes ago   |   By Boston Herald

By ALEX VEIGA
Stocks are closing higher on Wall Street for the third day in a row, continuing a stretch of gains for the market. Major indexes wavered through the morning then turned solidly higher late in the day. The S&P 500 rose 0.8%. The gains came despite spreading unrest in the U.S. as investors hope that the gradual lifting of lockdown provisions will help economies recover from the damage caused by the coronavirus outbreak. Energy stocks far outpaced the rest of the market as the price of crude oil rose again. Bond yields rose, another sign that pessimism is ebbing.
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