Dow Jones Industrial Average futures traded 32 points higher, or 0.1%. S&P 500 and Nasdaq 100 futures also climbed 0.1%.
The lion's share of those gains has been driven by strong gains in Big Tech stocks. Apple is up nearly 3% this week and became the first publicly traded company in the U.S. to reach a market valuation of $2 trillion. Amazon and Alphabet have rallied over 4% this week and Microsoft is up 2.7% in that time.
Sentiment has been kept in check this week, however, by mixed economic data and a warning from the Federal Reserve.
the stock market IS NOT THE ECONOMY
friday maximus SP500 , go to 3400 , dow jones 2800 , end game manipulators
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'Don't get too optimistic' — Cramer says Wall Street records don't reflect Main Street struggles'I think this is the two economies. The 'V-shaped' recovery in stocks is not the 'V-shaped' recovery in the economy,' CNBC's Jim Cramer said Thursday. No shit. But stonks always go up. Exactly the reason why markets will go up another 50% or higher in next few months, Thankx to Fed. And yes when the bubble is blown God Bless us all until then enjoy the ride. It is clear this is an artificial market but when do things like employment numbers matter again? The 1.1 million jobless claims came in higher than estimates yet the market is relatively unchanged. How long can the Fed continue to prop up this market?
Source: CNBC - 🏆 12. / 72 Read more »
Stocks open higher on Wall Street; Apple nears $2 trillionStocks open higher on Wall Street, a day after the S&P 500 closed at a record high for the first time since February. Technology led the way higher again, and Apple edged closer to becoming the first U.S. company to be worth $2 trillion. Thank later Stock👏Markets👏are👏rich👏people👏astrology. Hows apple helping homelessness, poverty, mass unemployment and health care? So how much taxes are payedsales tax to States?
Source: AP - 🏆 728. / 51 Read more »
European markets set to open slightly higher after record highs on Wall StreetEuropean stocks are set to open slightly higher on Wednesday, following a strong session stateside that saw the S&P 500 hit a fresh record high.
Source: CNBC - 🏆 12. / 72 Read more »
Asian stocks at seven-month highs after Wall Street cracks more recordsAsian shares climbed to a seven-month peak on Wednesday tracking the S&P 500, which scaled all-time highs driven by ever expanding policy stimulus aimed at cushioning the blow to economies from the coronavirus pandemic. The economy is still booming. Hmmmm. Well alright. Thank You Donald Dumb Dumb. Couldn't get a deal done. Lamo.
Source: Reuters - 🏆 2. / 97 Read more »
Wall Street thinks a double-dip recession is more likely than V-shaped recoveryAmerica's stock market has swiftly recovered from the pandemic, but sophisticated investors don't think the real economy will do the same. The stock market has very little to do with America's economy especially since the majority of people make in under 6 figures do not invest in the stock market. CNN is PRAYING the economy tanks lmao.
Source: CNN - 🏆 4. / 95 Read more »