Stock-Market Rally Fizzles in Week When All Eyes Focused on Oil

  • 📰 WSJ
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

WSJWhatsNow: The stock market fizzled this week with all eyes fixed on oil. paulvigna breaks down the winners and losers.

This week brought a halt, at least temporarily, to the stock market’s rebound, and equities are back to their erratic selves.

The Dow Jones Industrial Average is off 3% for the week, and the S&P 500 is below its 50-day moving average of 2830. Even heavyweights such as Microsoft Corp. and Apple Inc. have tumbled.

 

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

paulvigna Irrational exuberance is being offset by reality

paulvigna

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:

 /  🏆 98. 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.

Why a ‘return to normal’ could mean disaster for the stock marketIt’s hard to deny, although some do, that the stock market, pre-coronavirus, was pushing the limits of what it means to be in a bubble. Of course, bubbles come and go, but as Hofstra University’s Jean-Paul Rodrigue suggests, this one had a particularly fierce tailwind. But is the bubble still a bubble? Thankfully all your gleeful predictions abt 🇺🇸's economy collapsing are always wrong Ppl still don't get it... The global economy has paused and the world hasn't come to an end... A move to a digital economy w/ Free state benefits of food housing education and world healthcare is where to start back Buying
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock market news today: Dow and S&P 500 updates - CNNThe deluge of Americans filing jobless claims isn't over. Another 4.2 million claims for first-time unemployment benefits are expected to show up in today's data. That would bring the total number of claims to more than 26 million over the past five weeks. Recession or depression. It's not going to be pretty. How long it lasts will depend largely on how well our state and federal government manages the crisis. If the Dem’s can just keep this Virus going.....Maybe this will be the One thing that can take down the President....God knows they have Tried everything else. Only one problem....It Ain’t Going To Happen !! Trump 2020 !!
Source: CNN - 🏆 4. / 95 Read more »

Stock market live updates: Futures flat, another 4.4 million jobless claims, oil jumps 20%The U.S. economy has now erased all job gains since the Great Recession, as the coronavirus crisis wears on. Follow along with the latest stock market updates here: bullish! buy stocks Fantastic. Can't believe it's all such good news. At least I presume it is as the indices have rallied strongly again, as they have on every jobs report in the last 3 weeks. Is there a plan from realDonaldTrump ?
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Dow up 250, another 4.4 million jobless claims, oil jumps 25%The S&P 500's average gains since its March low have been much bigger than its losses, data from Instinet shows. It has averaged a gain of 3.6% since March 24, vs. an average loss of 2.1%. Follow along with the latest stock market updates here: 5 ways prayer can change your reality.(video) Ergo.... we are up since then. Bull chasing six trillions
Source: CNBC - 🏆 12. / 72 Read more »

Stock market investing strategy: 5 reasons to buy any dip amid turmoil - Business InsiderCredit Suisse outlines 5 reasons why stock traders should buy any dip that transpires this year — even as the market grapples with the coronavirus Reason number one, because they’re going to short every move up
Source: BusinessInsider - 🏆 729. / 51 Read more »

Here's what happened to the stock market on ThursdayWall Street was taken for a ride that highlighted the importance of finding a treatment for the coronavirus. Financial times manipulated the market with a report from the corrupt ,dishonest and now defunded WHO. On a study , now get this , done in China. The country that made and released the cirus ,then lied about it. Causing thousands of deaths. THAT is who they choose to believe? レムデシビルに関する質問 フィナンシャルタイムズ紙は、世界保健機関が誤って発行した文書を引用して、ギリアドサイエンスの薬物レムデシビルが患者の状態を改善したり、血流中のコロナウイルス病原体を減らしたりしなかったと述べました。レポートによると、これらの
Source: CNBC - 🏆 12. / 72 Read more »