The blue-chip index hasin the U.S. ignited fears over the economic recovery.
"That is driving the markets and has been driving the markets for the past several weeks," Sanchez told CNBC's "" on Wednesday. "If we don't have additional stimulus and most of the stimulus programs are starting to expire, that means that economic activity and the outlook is starting to dim at a moment when Covid cases are surging.", the Commerce Department reported Thursday in its initial reading, though growth has yet to reach pre-pandemic levels.
In the same interview, TradingAnalysis.com founder Todd Gordon reminded investors that the Dow is only a small slice of the market — and it's been underperforming for a long stretch.
When Obama/Biden left office the Dow was 19,000.. under the Trump administration the Dow is 26,500 today and been higher. Trump doing a good job even with this COVID-19 situation event.
Correction ? 🤣 is what you call now to bankruptcy? 🤣🤣
Buy moreee stocks 💩💩💩💩💩
Sellllll!!!
The US is entering a correction. It’s called getting Trump out of office.
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