Stocks Close Higher as Investors Were Optimistic About Reopening the Economy

May 5, 2020
Stocks closed higher Tuesday as investors were optimistic about reopening the economy and saw oil prices jump for a fifth straight day. Steven Skancke, Chief Economic Adviser at Keel Point and formerly a White House and Treasury Department Staff Member, breaks down the significance of the Treasury borrowing $3 trillion this quarter and how it could help the economy rebound from the coronavirus pandemic.
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