The Dow Jones Industrial Average rose for a third day

Posted on May 28, 2020

Stocks that would benefit from the economy reopening rose on Thursday. JPMorgan Chase, Citigroup, Wells Fargo and Bank of America all gained more than 1% in the premarket. MGM Resorts and Hilton Worldwide traded marginally higher. Dollar Tree popped more than 10% on the back of stronger-than-forecast quarterly numbers.

Shares of companies that rose on the back of stricter stay-at-home orders fell. Netflix declined by more than 1% while Zoom Video slid 1.8%. Shopify shares dipped 2.6% while Amazon lost 1.1%.