From Nasdaq: 2025-05-07 21:30:00

a peak-to-trough decline of 56.8% for the S&P 500
• The stock recovered to $0.55 by 20 July 2009

1. The stock market surged today as the Dow Jones Industrial Average rose by 300 points, hitting a new record high. Investors were optimistic about the ongoing economic recovery and strong corporate earnings reports.

2. A new study found that over 80% of Americans now have access to high-speed internet, a significant increase from previous years. The expansion of broadband coverage has improved connectivity for millions of people, especially in rural and underserved areas.

3. In sports news, the defending champions secured a spot in the playoffs with a decisive victory over their rivals. The team’s star player scored a hat trick, solidifying their position as a top contender for the championship title.

4. The latest data shows that unemployment rates have dropped to pre-pandemic levels, with jobless claims reaching a record low. The labor market continues to strengthen as businesses ramp up hiring in response to increased consumer demand and economic growth.



Read more at Nasdaq: Now Is Not The Time To Buy Sirius XM Stock