The Associated Press
Cruise lines, which would stand to suffer greatly if travel restrictions are extended, were among the biggest losers in early trading. Norwegian Cruise Line, Carnival and Royal Caribbean Cruises were each down more than 9%. But the recent surge in new infections is undercutting some of that optimism. New coronavirus cases in the U.S. have surged to their highest level in two months after trending down for more than six weeks. While early hot spots like New York and New Jersey have seen cases steadily decrease, the virus has been hitting the south and west. Several states on Tuesday set single-day records, including Arizona, California, Mississippi, Nevada and Texas.
Prakash Sapal, senior economist for ING, said the focus is slowly shifting back to the COVID-19 pandemic from optimism about a rebound from loosening lockdown restrictions.
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The truth is, they make up reasons they believe the market goes up or down on a daily basis. Tomorrow it'll be up and they'll say something like 'based upon future positive growth speculation' the markets are heading up in a big way. They are full of crap making up why...
I wish you people would stop this love shit with the stock market. It means nothing to 90% of the public... We get no benefit from this crap.
The markets are being manipulated as much as possible by the Trump administration. However, with the continued rise of Coronavirus cases the numbers will not hold. The chickens will have finally come home to roost under the abysmal presidency of realDonaldtrump
Close the Southern border...🤯
WadaJP またドル円101の世界が来ると良いのですが。
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Source: Reuters - 🏆 2. / 97 Read more »
Asian stocks set to track upbeat Wall Street despite rising infectionsAsian stocks were set to edge up on Tuesday after oil prices rose and technology firms pushed Wall Street higher, although investors remained worried about fresh coronavirus outbreaks across the globe. Decent timing on story
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Stocks open lower on Wall Street as coronavirus cases surgeStocks are opening lower on Wall Street as investors are discouraged to see a surge in new coronavirus cases in the U.S. to their highest level in two months. The S&P 500 fell 0.6% in early... Who saw this coming? Oh yeah: everyone. Everyone saw this coming. The sheeple are about to learn a hard lesson in economics. The illusionary credit system is toast.
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Stocks open higher on Wall Street following gains overseasStocks are opening higher on Wall Street on Tuesday after gains in Europe, where markets rose on some encouraging economic data. Add this to the beginning of your headline: 'Much to our disappointment here at the LA Times. . .' Trump keeps winning. 👍🇺🇸 More Americans out of work than even during The Great Depression, and the stock market keeps breaking records while the legitimately stupid keep claiming realDonaldTrump is 'winning.' The only thing higher than the stock market are the levels of idiocy from the MAGA cultists.
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Stocks Pullback, Virus Cases Spiking, Dell & VMware by Squawk on the StreetSquawkStreet It's surprised the healthcare sector doesn't do that well either. Maybe 2.2M people in/out hosp. won't buy pharm stocks 'cause med doesn't meet their expectation.
Source: CNBC - 🏆 12. / 72 Read more »