June 29, 2020

Stocks begin the week strong with the Dow up over 500 points on Monday and the Nasdaq and S&P 500 each up over 1%.  The rise comes after pending home sales surged 44.3% in May, its largest increase since the data began being tracked in 2001.  Metals are relatively unchanged, with gold and silver trading at $1,775 and $17.95 respectively.   Metals are gaining some safe haven appeal as COVID concerns continue to linger with the three largest US states, California, Texas, and Florida all re-implementing increased restrictions,  as cases continue to spike.