Dow Jumps 500 Points After Record Surge In Retail Sales
TOPLINE
Stocks jumped on Tuesday thanks to a record surge in retail sales last month, additional support from the Federal Reserve and hopes for more government stimulus.
Retail sales jumped by a record 17.7% in May.
Spencer Platt/Getty Images
KEY FACTS
The Dow Jones Industrial Average was up 2%, over 500 points, on Tuesday, while the S&P 500 rose 1.9% and the tech-heavy Nasdaq Composite…
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