June opened with a bang in the markets following positive news on the jobs front. According to the latest Department of Labor report, U.S. employers added 2.5 million people to their payrolls in May, pushing the unemployment rate down to 13%. For perspective, analysts were expecting the BLS to report job losses of 8.3 million and an unemployment rate of nearly 20%. As societies and states return to a more normal functioning, traders are going to find that some stocks are particularly well positioned to take advantage of post-pandemic conditions. Right now, Wall Street’s analyst corps is working to tag …read more
Source:: Yahoo Finance
