Stocks rebound on stimulus hopes after Wall Street’s worst day since 1987

  • 📰 USATODAY
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Dow soars, ends day up over 1,900 points after Trump frees up about $50 billion in federal aid to fight the coronavirus

House Speaker Nancy Pelosi said the House would move forward with a vote Friday. The bill would include free virus testing for all Americans, including the uninsured, as well as two weeks of paid sick leave for those who have to skip work due to the virus. It would also included expanded federal food assistance, such as seniors’ meals, student lunches and food banks.Friday morning, saying a deal on a virus response package with Congress was imminent.

The coronavirus has infected around 128,000 people worldwide and killed over 4,700. The death toll in the U.S. climbed to 39, with over 1,300 infections. In both cases in 2020 and 1987, the economy was at or near full employment and generally healthy going into the crash. After the 1987 crash, there were widespread calls for an imminent recession as there are today, but that didn’t play out. The stock market recovered by almost 30% from its low within the next year and rose to a fresh high within about 18 months.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Dead cat bounce

Anything good that happens is because SpeakerPelosi injected her knowledge and talent

Soars!?!?! You mean began a small scale comeback after being down 20%. Give me a break...

They win. The middle class screws the pooch, again.

what's going to happen when that moneys gone?

Thanks 🙏 POTUS

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 100. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks may be due for a near-term bounce after worst day since 1987, trader saysThe U.S. stock market appears primed for upside that could last longer than recent bounces, says Miller Tabak chief market strategist Matt Maley. TradingNation They'll be trending down for weeks more... The US is likely to have hundreds of thousands of deaths... That's not an environment in which the market will rebound meaningfully. TradingNation Dead cat bounce TradingNation BlueHorseShoe Loves Anacott Steel
La source: CNBC - 🏆 12. / 72 Lire la suite »

What to watch today: Dow bounces after stocks worst day since 1987 and coronavirus cancellationsWhat to watch today: Dow to bounce, stocks worst day since 1987 and coronavirus cancellations Just so everyone know - American Airlines is price gouging those of us who had to bring loved ones home from Europe in a hurry
La source: CNBC - 🏆 12. / 72 Lire la suite »

U.S. Stocks Jump After Dow’s Worst Day Since 1987U.S. share benchmarks and European indexes recovered some ground a day after Wall Street’s worst day in more than three decades, while most Asian shares closed lower after a volatile session. Who knew giving away $1.5 Trillion would make the market happy. Thanks Obama! This is phony. Don’t fall for it! It was a BAILOUT to make TRUMP look better! It’s a SCAM! Coronavirusbailout
La source: WSJ - 🏆 98. / 63 Lire la suite »

Plunging Wall Street stocks end record bull runWall Street tanked on Thursday, slamming the book on the longest-ever U.S. bull market after new travel restrictions to curb the coronavirus spread spooked investors and rattled world markets I wonder what tomorrow will bring? 世界各国の市場に動揺が走っている。 株価は更に下落するだろう。 RayDalio Diddy jimcramer ritholtz ReformedBroker CNBC SeekingAlpha GoldmanSachs FT MarketWatch The Fed Opens Cash Spigot, but the Dow Plunges Anyway
La source: Reuters - 🏆 2. / 97 Lire la suite »