Morning Report 4 Jun 20: US sharemarkets posted solid gains on Wednesday

Investors looked past riots and lockdowns, focussing on signs of recovery. Shares in Boeing rose 12.95% on news that billionaire investor Daniel Loeb's Third Point had purchased a stake in the company. The Dow Jones index rose by 527 points or 2.1%, the S&P500 index rose by 1.4% and the Nasdaq lifted by 74 points or 0.8%.

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