Upbeat comments by the Federal Reserve Chairman and more signs of an economic turnaround combined to help fuel a powerful rally in the stock market last week.

The Dow Jones Industrial Average rose 3.29%, while the Standard & Poor’s 500 advanced 3.20%. The Nasdaq Composite index climbed 3.44% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, gained 3.87%.1-3

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1 – The Wall Street Journal, May 22, 2020
2 – The Wall Street Journal, May 22, 2020
3 – The Wall Street Journal, May 22, 2020