Massachusetts Gov. Maura Healey signed an executive order Monday creating a new panel tasked with advising the administration on ways to help support empowerment efforts in the state’s Black community.
The 33-member Governor’s Advisory Council on Black Empowerment held its first closed-door meeting at the State House on Monday.
The panel will offer Healey guidance on issues related to the economic prosperity and wellbeing of the Black community, including education, health care, housing and workforce development.
“Massachusetts’ Black residents make tremendous contributions to our state, but far too often they face systemic barriers that hold them back from opportunity,” Healey said. “Our administration is committed to bringing people together and centering equity in all that we do.”
Stocks steady after rout last week
Stocks steadied themselves Monday following Wall Street’s worst week since early December.
The S&P 500 rose 12.20 points, or 0.3% to 3,982.24 for just its second gain in the last seven days. The Dow Jones Industrial Average gained 72.17, or 0.2%, to 32,889.09, while the Nasdaq composite climbed 72.04, or 0.6%, to 11,466.98.
Stocks have struggled in February after a strong start to the year as reports have shown inflation and much of the overall economy are staying more resilient than expected.
“I’ll term it animal spirits, both in markets and consumers,” said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. “I think there’s a lot of speculation still going on in markets” with some of the riskiest bonds and stocks rallying in price.
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