Stocks jump despite Great Depression-like U.S. job losses

After data on historic U.S. job losses due to the COVID-19 crisis showed they were slightly fewer than feared, major U.S. stock indexes jumped on Friday and logged solid gains for the week.
Lewis Krauskopf for Reuters:All 11 S&P 500 sectors were positive… A 2.4% gain in Apple shares also lifted the indexes after the iPhone maker said it will reopen a handful of U.S. stores starting next week.
The U.S. economy lost 20.5 million jobs in April, the Labor Department reported. Economists p