Mike Roy | MCT | Tribune News Service | Getty Images
Wall Street just wrapped up its best quarter in decades and gains of that magnitude usually signal momentum into the next quarter, if history is any indication.rallied nearly 20% in the second quarter, notching its biggest quarterly gain since the fourth quarter of 1998, when it surged 20.9%. It was also the S&P 500's fourth-biggest quarterly gain since 1950.
Pro
Pro We all lose a ton of money?
Pro
Pro
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:
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.
A Wall Street chief strategist says US stocks have 'considerable upside' from current levels — and could climb as much as 20% in a best-case scenario | Markets InsiderA Wall Street chief strategist says US stocks have 'considerable upside' from current levels — and could climb as much as 20% in a best-case scenario sophiatwrites Lmao somebody wants to sell their stocks... in fact a strong recovery is already priced into the market If you believe this article you’re gonna go broke
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stocks close out best quarter since 1998, clawing back most Q1 lossesThe Dow and S&P 500 advanced more than 16 percent and the Nasdaq spiked more than 30 percent in the second quarter as investors banked on a slow-but-sure recovery. thank you realDonaldTrump !!!! When the rest of the country is out of work and suffering, hurrah for the God Damn Stock Market. Legal gambling for the wealthy, making money off the deaths of Americans.
Source: washingtonpost - 🏆 95. / 72 Read more »
Stocks close out best quarter since 1998 with more gainsWall Street closed out its best quarter since 1998 with stocks posting more gains. The S&P 500 climbed 1.5%, bringing its gain for the quarter to nearly 20%. Stocks are still well below the record high they reached before the coronavirus lockdowns began. Yeah it's been good fake money based on rich people feelings. wow i guess everything is great then
Source: AP - 🏆 728. / 51 Read more »
Stocks close out best quarter since 1998 with more gainsWall Street capped its best quarter since 1998 Tuesday with more gains, a fitting end to a stunning three months for investors as the market screamed back toward its record heights after a torrid plunge. If most people are unemployed and on the verge of being evicted , who is making money ?! And if that doesn’t prove how rigged the system is I don’t know what would. What goes up must come down.
Source: latimes - 🏆 11. / 82 Read more »
Stocks on Track to End Second Quarter Up SharplyS&P futures edge lower, but suggest stocks will end the quarter having erased most of the losses accrued in the first three months of the year. Chinese researchers warn of a new flu virus found in pigs that has become more infectious to humans and needs to be watched closely in case it becomes a potential pandemic risk This marks the beginning of the end. 3rd and 4th quarters will not be kind to Wall Street earnings. Arizona: shuts down Stock market: goes up ¯\\_(ツ)_/¯
Source: WSJ - 🏆 98. / 63 Read more »
Asia stocks up as China PMI, U.S. data cheer markets worried over coronavirus surgeAsian shares rose on Tuesday after data showed China's manufacturing sector grew more than expected in June, a hopeful sign for a global economy still struggling to recover from the sweeping impact of the coronavirus crisis. Markets now backward looking again and ignoring forward impacts of shutdowns, got it! ken and karen st louis | McCloskey St. Louis Couple Pull Guns on Protesters
Source: Reuters - 🏆 2. / 97 Read more »