Stocks are opening higher on Wall Street, pushing the S&P 500 ever closer to the all-time high it reached back in February, before the coronavirus shutdowns slammed the economy
After a 52% rise since the March 23 lows of this year, at the current price near $131 per share Walt Disney stock seems to have surpassed its near term potential. Disney stock has increased from $86 to $131 off its recent bottom, compared to the S&P 500 which increased by around 50% during the…
The Dow Jones Industrial Average fell 15.84 points, or 0.06 percent, at the open to 26,824.56.
The early advance puts both the Dow and the S&P 500 on their way to a third straight week of gains.
Despite all that has happened in 2020, the S&P 500 is off just a few percent. However, there are reasons for the recent rally.
Foreaders 