Stocks open higher as investors hope for economic recovery

In this image taken from NASA video NASA astronaut Chris Cassidy, right, rings the opening bell of the New York Stock Exchange as fellow astronauts Robert L. Behnken, left, and Chris Cassidy right, listen Tuesday, June 2, 2020, in the International Space Station.

The modest gains have the S&P 500 on track for a three-day winning streak, extending the benchmark index’s remarkable two-month rally off a steep skid in February and March as broad swaths of the U.S. economy ground to a halt due to the coronavirus pandemic.So far, Wall Street’s momentum has not been derailed by the wave of daily unrest across the U.S. that began last week in Minneapolis as a protest over police brutality.

Stocks have now recouped most of their losses after the initial economic fallout from the coronavirus knocked the market into a breathtaking 34% skid in February and March. The S&P 500 is now down just under 10% from its all-time high in February.

Hahaha. Economy is coming back with force!! And it’s making the Dems shit their pants. Im sure we havent seen the last of them trying to destroy the country just to try and make Trump look bad. You keep trying but he keeps whipping your asses! 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

The second wave of the virus will crash it again.

It's obvious. We know who the police serve - Wall Street.

Small businesses burn, people die and 40 million jobs are lost. All of this is great for big business. Except at some point the working class and poor run out of money. Then everyone is fucked.

CPA Explains why the 'Stock Market' is a bad gauge of the overall economy

The logic for these evaluations seems to be that since small businesses have been devastated, publicly-traded companies will ultimately reap the benefits. Otherwise this makes no sense at all. I'm not sure it's going to pan out the way investors think.

Wait till that fed buying bubble bursts, on top of everything it's gonna get ugly. Real ugly

If the looting and destruction of ppl personal property and business doesn’t stop there’s no way to recover !Mayors and governors need to step up listen to President and take control of ur states! Or USA is in big trouble !The thugs are blatantly breaking the law and takin over !

Powell’s printer machine goes brrrrrrr🤑

Heh. Communist Democrats are losing their shit right now. Their paramilitary arm, Antifa, has failed to turn the economy. Worse, they've exposed the connections between the open insurrection and the Democrats. Military Tribunals will be fun to watch!

FED is buying. It is called market manipulation.

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La source: CNBC - 🏆 12. / 72 Lire la suite »

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La source: Reuters - 🏆 2. / 97 Lire la suite »

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European stocks jump after Trump doesn't escalate China tensionsEuropean stocks rallied on Monday, with the U.K. FTSE 100 undefined up 1.5% and the France CAC 40 undefined up 1.6%, gaining ground in the first opportunity... But what do European stocks have to do with Trump
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Asia stocks hit 3-month peaks, resilient to U.S. riotingAsian shares pushed to three-month highs on Monday as progress on opening up economies helped offset jitters over riots in U.S. cities and unease over Washington's power struggle with Beijing. Nice to see progress is possible. for the rest of my life, I’ll never forgive you for your treacherous behavior while our country burned . Good ! We should cash our stocks in HK stock market and China stock markets. .
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