Dow Jumps 500 Points As Banks And Tech Stocks Rally

  • 📰 Forbes
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Stocks are rallying to end a dismal month.

Shares of companies that would benefit from a reopening of the economy—including airlines and cruise operators—also moved higher on Monday.“Stocks are experiencing strong gains in most major markets, although there isn’t a single reason why,” says Adam Crisafulli, founder of Vital Knowledge, in a note. “The vaccine backdrop is the same as before, and investors could find out in less than a month that one or more of the P3 candidates is safe/effective,” he adds.

The major averages are still on track to post steep losses for September, a historically bad month for stocks. While recent economic data has signaled the start of a recovery from the coronavirus recession, prospects for a quick rebound are dwindling amid uncertainty over fiscal stimulus, a resurgence of coronavirus cases and potentially delayed election results.Investors continue to remain anxious about a resurgence of coronavirus cases in Europe and the United States.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

paying no attention to real news,..

They crash it they boost it, the zionist banks have full control over the economy, they take money out when they want a crash and pump money in when they want to create confidence so we buy and then they can crash to steal our hard work..

Thank You President Trump!

I AM JESUS ​​CHRIST AND I DO NOT SUPPORT RACISM !! DONALD TRUMP IS THE OLD SERPENT 'THE DRAGON' 'THE DEVIL'. I WILL DEFEND AFRO-AMERICANS !! I came to step on the serpent's head. 'Revelation of the bible' End of the world TRUMP DEVIL

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market live updates: Dow jumps 500 points, Big Tech climbs, Pelosi says stimulus deal possibleThe market continued to push higher in the opening hour of trading, with the Dow up 500 points. Follow along with the latest stock market updates here: Thank You President Trump! Don’t care about the stock market... Modt average Americans don’t have a pit to piss in so... WhoCares
Source: CNBC - 🏆 12. / 72 Read more »

Stocks extend rally, with the Dow up 500 points as banks and tech riseStocks rose sharply on Monday as Wall Street built on the strong gains from the previous session. The dead cat bounces. Meow 🐱 Thank You President Trump! That's amazing how this is happening, while unemployment continues to rise by extreme numbers.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks rally on hopes for a stimulus packageThe US stock market rallied on Monday, ignoring negative headlines that weighed on the market over the past few weeks in favor of hoping for a stimulus deal out of Washington. The US stock market is a game of the rich. Nothing to do with real value of the companies. The USA is designed for the the rich by the old white rich. Ronald Regan said it then and it’s not any better now. Americans are hurting and the government does nothing but blame each other. With the stock owned by Trump he can make it do anything he wants
Source: cnnbrk - 🏆 393. / 55 Read more »

Stocks Rally as Traders Bet on Volatile Election SeasonU.S. share benchmarks rose, suggesting that the market may recover some ground following four consecutive weeks of declines. The VIX, a measure of expected turbulence in stocks, also ticked higher. good
Source: WSJ - 🏆 98. / 63 Read more »