Stock markets rallied on Friday following much stronger job gains in May than were expected, with many real estate companies beating the day’s market gains. Economists surveyed by the Wall Street Journal had predicted a loss of 8.3 million jobs last month. Instead, the economy added 2.5 million, helping push the Nasdaq to a near-record high, up 2 percent on the day, almost overcoming its coronavirus losses. The S&P 500 closed 2.6 percent higher, and
source https://therealdeal.com/2020/06/05/real-estate-stocks-rally-on-strong-may-jobs-report/
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