Wall Street gets set to wrap up another wild week as investors braced for the latest unemployment data.
People gather at the entrance for the New York State Department of Labor offices in Brooklyn on March 20, 2020. The Federal Reserve estimates that 47 million people could lose their jobs before the COVID-19 crisis ends.7:42 am: Dow up nearly 30% from March low
The recent rally in stocks has the major three average all more than 20% from their March lows. The Dow Jones Industrial Average is up 28.66% from its 52-week low on March 23. The S&P 500 is up more than 25% from its March low and the Nasdaq Composite is up 22% from its low on March 23. The three averages are still 20.75%, 18.96% and 17.75% down from their February high, respectively.This week the Dow is up 11.3% heading into its last trading day of the week. The S&P 500 is up 10.
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