US stocks open higher, pushing S&P 500 near all-time record

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Stocks open higher on Wall Street, pushing the S&P 500 ever closer to the all-time high it reached back in February, before the coronavirus shutdowns slammed the economy. The index was up 0.3% in the early going Tuesday.

FILE - In this Aug. 3, 2020, file photo, a woman wearing a face mask walks by an electronic stock board of a securities firm in Tokyo. Shares advanced in Asia on Tuesday, Aug. 11, extending another rally that took the S&P 500 to within striking distance of its all-time high set in February.

Markets rose even as the tally of confirmed new coronavirus cases worldwide topped 20 million, according to Johns Hopkins University. On top of the rising number of coronavirus counts around the world, uncertainty has grown with widening antagonisms between the United States and China, the world’s largest economies. The latest move in their escalating tensions was China’s announcement of unspecified sanctions against 11 U.S. politicians and heads of organizations promoting democratic causes, including Senators Marco Rubio and Ted Cruz.On Monday, the S&P 500 rose 0.3%, to close at 3,360.

 

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The bigger they are the harder they fall is still in play.

In direct contrast to the multitudes scrambling to just get a roof over their heads.

👇🏻

Time to short the market. Schools opening (and then closing), colder weather, and Biden winning are going to force another US shutdown.

lol stonks are a joke they are going to crash soon you fucking rubes

They need to release the $KODK report. This is partisan horses*** and the company’s reputation is on the line. Ridiculous.

Thank you President Trump!!!

The inevitability is just a matter of time...

To Troubled Trump, Grifter Family, Lapdog Minion$, Corrupt Cronies... Rich get Richer! PEOPLE ARE DYING! PEOPLE ARE SICK! PEOPLE ARE JOBLESS! PEOPLE ARE DESTITUTE! PEOPLE ARE HOMELESS! DON THE CON'S DEFICIENCIES & DECEPTIONS DRIVE DEFICIT HIGHER & HIGHER! THE 'KIDS' WILL PAY!

Ultra rich people & corporations grabbing money off the backs of the dying. Working families denied and demeaned. Time to overthrow the king, again.

What does this mean to the avg person?

We don't get it. Is this obvious disconnect tween stocks/company earngs vs 30M+ unemployed & many strugglg to pay basic bills, indicative of how the 99% gives our all (includg our lives) to benefit corporations & the 1%? Is this real? How can stocks keep go'g up in recession?

AP, The President incites violence & racial hatred. He IGNORES: *166,201 DEATHS, 1000/day *30 million unemployed that have lost their company’s insurance *Company Bankruptcies *Home Foreclosures *Families being evicted Who exactly is the base Voter he’s going after OR IS HE...

And so the rich keep getting richer... smdh

People are dying

THANK GOD WE ARE ALL SAVED

Trump will get reelected

😎

They heard Russia has a vaccine

I wish I had some stocks right about now ... oh well 😔

Somethings SCREWED about this !!!

This disconnect seems to be a world-wide phenomenon.

yeah billionaires making billions while millions lose their homes cool country yo

I'm sure the families being evicted are so relieved to hear this.

There's a total disconnect between Wall Street and Main Street.

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Stocks rise on Wall Street; S&P 500 within 1% of recordStocks closed mostly higher after shrugging off a bumpy start Monday, nudging the S&P 500 within striking distance of its all-time high. The gains come on the first trading day since President Trump announced several stopgap moves to aid the economy. What a joke MEANWHILE THE WORKING CLASS IS DYING BUT HOORAY STOCKS I GUESS Many of these 'stop gap moves' are questionable at best, many of which are possibly illegal.
Source: AP - 🏆 728. / 51 Read more »

Stocks rise, pushing the S&P 500 closer to its record highStocks are opening higher on Wall Street, pushing the S&P 500 closer to the record high it reached back in February. Has the fed begun to buy the 1.2 trillion in bonds? A racist in the WH, 20 million ppl out of work and the market approaching a yearly high, is peak 2020! Who cares about the stock market in a pandemic.
Source: ABC - 🏆 471. / 51 Read more »