Stock Markets Jump as Investors Bet on 2 Stocks to Double Their Money Again in 2021
Stocks have done well in 2020, surprising just about everyone given the massive problems that the world has faced. The seemingly boundless optimism continued on Wednesday, as market benchmarks climbed even further to add to big gains this year. As of 1 p.m. EST, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 140 points to 30,476. The S&P 500 (SNPINDEX: ^GSPC) had gained 10 points to 3,737, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) was higher by 35 points to 12,885.
Among today's strongest gainers were two stocks that have done surprisingly well in 2020, doubling investors' money. Freeport-McMoRan (NYSE: FCX) hasn't been high on the list of much-followed stocks this year, but it should've been, as the copper miner's share price has soared lately. Meanwhile, insurance provider Lemonade (NYSE: LMND) has been a big IPO in 2020, and it's recovering from a brief setback earlier this week.
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Source Fool.com
