Trading in the US begins this week with stocks less than 13% below the previous high. It’s anyone’s guess if the S&P 500 will recover the Feb. 19 peak in the near term, but the bounce off the Mar. 23 low to date continues to give aid and comfort to optimistic thinking.

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Global equity markets rise on optimism for economic reopening: WSJ
China’s military chief in Hong Kong vows to uphold ‘national sovereignty’: CNN
Responding to China’s security law, Taiwan’s president backs Hong Kong: CNBC
Memorial Day weekend crowds raise concern for coronavirus infections: MW
World Health Organization warns of ‘second peak’ for Covid-19: CNBC
WHO suspends Covid-19 testing of malaria drug hydroxychloroquine: Reuters
China preparing for ‘worst case’ economic scenario: SCMP
German consumer sentiment rebounds slightly in May after dramatic decline: Gfk
Daily change in US Covid-19 deaths fell to 2-month low on Monday (May 25): JHU