Stocks Finish Higher As State Governors Consider Reopening The Economy

  • 📰 Forbes
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

The stock market finished higher today as Wall Street grows increasingly optimistic about the reopening of the economy—despite warnings from JPMorgan and Wells Fargo that loan defaults are set to skyrocket by skleb1234

The Dow Jones industrial average ended Tuesday up 2.4%, over 500 points, while the S&P 500 was up 3.1% and the Nasdaq Composite rose nearly 4%.

Wall Street has become more optimistic about the coronavirus outlook, with the number of new cases in the U.S. starting to level off, but between state governors and President Trump have begun to emerge over when and how to reopen the American economy.of $2,291 per share on Tuesday: The e-commerce giant has experienced unprecedented demand amid widespread coronavirus-related shutdowns.

Investors have also been bracing themselves for the start of corporate earnings—with profit-and-loss estimatesEarnings season kicked off with sobering revelations from both JPMorgan and Wells Fargo: both banks havein preparation for loan defaults across their consumer and corporate business lines. Shares of drugmaker and consumer goods company Johnson & Johnson, on the other hand, rose over 4.5% after the company beat revenue and profit estimates, raising its dividend by 6% even as it slashed its full-year forecast.“If first impressions are to be trusted, [earnings] could be messy,” according to a recent note from Bespoke Investment Group. “This is just the tip of the iceberg, though, as the pace of reports will only pick up going forward.

 

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

skleb1234 Money money money fucking money!!!! What about safety of ppl? Disgrace

skleb1234 hmmnmm, do i see a demand ? byteweeee whats you doing

skleb1234 50 percent cash after today. Money will only enter 10 percent and 20 percent down from here

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 BUSİNESS

Business Business Latest News, Business Business Headlines

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

Stocks Move Higher As Earnings Season Kicks OffThe Dow jumped over 400 points at the open. What is Hydroxychloroquine ? How does it work a against COVID19 Rule1..keep your family safe!! If u need proof this stock market is a scam today would be that proof. There is no way in hell anybody would be buying stocks from inept corps. That's insane. Or rigged by the big players so u can place your sucker's bet.
Source: Forbes - 🏆 394. / 53 Read more »

Stocks open higher as earnings season kicks offInvestors continue to worry about the coronavirus pandemic's impact on the economy. Here's what's moving markets today. So set up. For who?
Source: cnnbrk - 🏆 393. / 55 Read more »

Stocks Move Higher As Earnings Season Kicks OffThe stock market opened higher today as Wall Street grew increasingly optimistic about the coronavirus outlook and several companies started reporting their latest quarterly earnings by skleb1234 skleb1234 God will surely see us through skleb1234 Well that’s going to disappoint a lot of haters. skleb1234 Meanwhile in the economy.
Source: Forbes - 🏆 394. / 53 Read more »

Stocks falter after their biggest week since 1974Stocks are opening lower on Wall Street following the biggest week for the market since 1974. Duh. We’re in the Great TrumpGOP Depression! This is as bullshit a lede as I have ever read, the “biggest week” was in the middle of a goddamned avalanche of stock values, it has been years since the market had its current value. Anyone thinking they're going back to values 4 months ago is going to have to wait a loooooong time.
Source: latimes - 🏆 11. / 82 Read more »

Goldman Sachs abandons its bearish near-term view on stocks, says the bottom is inGoldman Sachs believes the stock market bottom is behind us -- as long as we don't experience a second wave of coronavirus infections. I also believe in Santa Claus Rhett800cc 👀
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks Fall as Investors Digest Oil DealS&P 500 futures retreated more than 1%, as investors weighed the impact of an agreement to withhold a record amount of crude from markets, with global demand weakened by the coronavirus pandemic. What does the Coronavirus do to you? ❓❓❓❓what are the symptoms of CoronavirusOutbreak... Maybe they should have eaten smaller portions AHAHAHAHAHAHAHHAHAA GET IT WALL STREET JOURNAL, BECAUSE YOU SAID DIGESTED I HAD YOUR NEWSPAPERS COME TO MY HOUSE FOR A WHILE AND NOW I CAN’T UNFEEL THEIR TEXTURE FROM THE IMPRINTS OF MY FINGERPRINT SKIN F...k stocks. They are artificial stuff.
Source: WSJ - 🏆 98. / 63 Read more »