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Wall Street Edges Higher Monday        06/01 09:39

   Stock indexes edged higher in early trading on Wall Street Monday as 
investors balanced cautious optimism about the reopening of businesses shut 
down because of the coronavirus pandemic against worries that the civil unrest 
across the U.S. over police brutality could disrupt the economic recovery and 
widen the outbreak.

   (AP) -- Stock indexes edged higher in early trading on Wall Street Monday as 
investors balanced cautious optimism about the reopening of businesses shut 
down because of the coronavirus pandemic against worries that the civil unrest 
across the U.S. over police brutality could disrupt the economic recovery and 
widen the outbreak.

   The S&P 500 was up 0.1% after wavering between small gains and losses in the 
first half hour of trading. Losses in health care and other sectors outweighed 
gains in banks and companies that rely on consumer spending. Bond yields were 
mostly higher. Oil prices headed lower.

   The Dow Jones Industrial Average rose 48 points, or 0.2%, to 25,428. The 
Nasdaq composite was up 0.3%. The Russell 2000 index of small company stocks 
rose 0.7%.

   The stock market is coming off its second month of solid gains. Stocks have 
now recouped most of their losses after the initial economic fallout from the 
coronavirus knocked the market into a breathtaking skid in February and March, 
though the S&P 500 is still down 10% from its all-time high in February.

   The prospects for the U.S. economy to begin recovering from the coronavirus 
shutdowns as more businesses across the country reopened were overshadowed by 
the civic unrest, where protests against police brutality and racism become 
violent in multiple cities. The protests spurred concerns of a new increase in 
coronavirus contagions.

   European indexes were broadly higher. Asian markets closed higher, including 
a gain of more than 3% for Hong Kong's stock market. Investors were relieved 
Friday after the Trump administration avoided pulling out of a truce in a 
tariff war with China in response to Beijing's security law on Hong Kong.

   Bond yields were broadly higher. The yield on the 10-year Treasury rose to 
0.67% from 0.64% late Friday.

   Oil prices fell. Benchmark U.S. crude slid 3% to $34.42 a barrel. Brent 
crude, the international standard, dropped 1% to $37.48 a b

 
 
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