Dow rallies 500 points to start week | Recertification begins on 737 Max | Will reversed reopenings stall economy?

Stocks rose on Monday on positive developments for Boeings 737 Max.

VIEW IN BROWSER | SUBSCRIBE MON, JUN 29, 2020 EVENING BRIEF AS OF MON, JUN 29, 2020 • 04:13 ET DJIA 25595.80 +2.32% +580.25 S&P 500 3053.24 +1.47% +44.19 NASDAQ 9874.15 +1.20% +116.93   Most Active DOW NAME LAST CHG %CHG BA 194.49 +24.48 +14.40% AAPL 361.78 +8.15 +2.30% MSFT 198.44 +2.11 +1.07% S&P 500 NAME LAST CHG %CHG AAL 13.32 +0.94 +7.59% BA 194.49 +24.48 +14.40% GE 6.80 +0.32 +4.94% NASDAQ NAME LAST CHG %CHG AAL 13.32 +0.94 +7.59% UAL 35.27 +2.38 +7.24% FB 220.64 +4.56 +2.11% EDITOR'S NOTE Stock market investors clearly weren't concerned on Monday about rising coronavirus cases, reversed reopening plans or even the millions of Americans who remain unemployed.   The Dow Jones Industrial Average surged more than 500 points, buoyed by a gain of more than 14% by Boeing after the Federal Aviation Administration began recertification flights of the company's long-troubled 737 Max.   Investors will be looking to the June jobs report on Thursday to gauge the economy's recovery from the ongoing pandemic. CNBC's Yun Li reports that nearly half of the U.S. population is unemployed, according to the employment-to-population ratio.   "To get the employment-to-population ratio back to where it was at its peak in 2000 we need to create 30 million jobs," said Torsten Slok, Deutsche Bank's chief economist.   For Thursday's employment report, economists expect to see that 3.15 million jobs were created in June, up from 2.5 million in May, which was both surprising and the biggest payrolls increase ever in a single month. Still, it's a long way to 30 million.   "Right now the economy's recovery is being dragged down by the millions and millions of Americans without jobs," said Chris Rupkey, chief financial economist at MUFG Union Bank. "The massive job losses mean the economy isn't out of the woods yet."   Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. Al Lewis | CNBC Markets Editor @tellittoal TOP NEWS  Dow surges more than 500 points as Boeing and Apple rise Nearly half the U.S. population is without a job, showing how far the labor recovery has to go Hidden wine cave, $110 million parking bill: Energy collapse wasn't only thing that sank Chesapeake WHO warns coronavirus pandemic is speeding up as countries ease lockdown rules: 'The worst is yet to come' More states reverse or slow reopening plans as coronavirus cases climb Track the latest coronvirus news here Gilead's coronavirus treatment remdesivir to cost $3,120 per U.S. patient with private insurance FAA starts Boeing 737 Max test flights, a milestone in getting the planes back in service after crashes Goldman sees more volatility, says buy these stocks with the best potential risk-adjusted returns Supreme Court leaves consumer regulator standing but backs president's ability to fire director     TOP VIDEO Gilead CEO Daniel O'Day on remdesivir pricing and ensuring access to treatment   CNBC PRO JPMorgan strategist who nailed the reopen trade says it's time to get defensive again   SPECIAL REPORTS Wall Street is underpricing a Joe Biden presidential win, Wells Fargo's Chris Harvey warns Two bank stocks could still be a buy after Fed exposes problem areas   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS