Stock Markets' March Higher Resumes as Hertz Soars, Array Shines
The stock market reversed course and pushed higher on Friday morning, with many investors hoping that the Dow Jones Industrial Average (DJINDICES: ^DJI) might finally be poised to climb into record territory before 2020 ends. Shortly before 11:30 a.m. EDT today, the Dow Jones Industrial Average (DJINDICES: ^DJI) was higher by 222 points to 28,716. Hertz Global Holdings (NYSE: HTZ) has been a favorite among short-term traders, and the latest news out of its bankruptcy proceeding led to a big jump in its stock price despite its dubious impact on Hertz's financial prospects.
Published:10/16/2020 12:27:03 PM