Men walk by screens showing Japan's Nikkei 225 index at a securities firm in Tokyo on Friday, Sept. 18, 2020. Asian shares were slightly higher Friday despite some investor attention shifting again to the uncertainties in global economies amid the coronavirus pandemic, as reflected in the overnight fall on Wall Street.
The Dow Jones Industrial Average was down 118 points, or 0.4%, at 27,783, as of 9:54 a.m. Eastern time, and the Nasdaq composite was down 0.1%. Both drifted from small gains to losses shortly after trading began. Smaller stocks were still higher, with the Russell 2000 index of small caps up 0.3%.Analysts warned that the day’s trading could be even bumpier than usual.
Rising tensions between the world’s two largest economies are also continuing to keep markets on edge. The United States said on Friday that it will ban downloads of Chinese apps WeChat and TikTok on Sunday. But they suddenly lost momentum two weeks ago, causing the market to swing with them. Because these companies have grown so massive, their stock movements have huge sway over broad market indexes, such as the S&P 500.On Friday, several Big Tech stocks were swinging from gains to losses. Apple was down 0.8%, and Microsoft was down 0.5%, but Facebook was up 0.5%.
We're testing the maximum distance possible between the economy we all know and that of investor markets.
Oh no, not the 'Rich People's Feelings' numbers!
Any wallstreet article that doesn't expressly note how many trillions that the fed has pumped into the economy is journalistic negligence.
I feel so sorry for all those multimillionaire and billionaire investors, at least the soup kitchen is still in operation
how much more can they juice the economy? the only reason why stocks haven't collapsed is bc so few rich people own so much. 'As of September 2019, the bottom 90% owned US$4.6 trillion of equities, or 12% of the total, the analysts noted.'
Money shoveled into overseas accounts: stimulus. Money given to people who will instantly spend it in the USA: hand-outs.
Hooking your pension up to Wall Street means 'we are all investors.' Uh, no, it means your retirement has been put on a roulette table.
Don't they have bootstraps to pull?
Wallstreet living on MADE UP MONEY
Investors are disappointed after the U.S. Federal Reserve declined to signal more stimulus... robbery
Park Ave Don has made history. Worst unemployment since the Great Depression of 1929. Most virus deaths since the Spanish Flu of 1918. He is incapable of protecting your financial health or physical health. End the chaos by electing JoeBiden. Volunteer swingleft and votefwd
Speaking of uncertainty.... If only this was an option
I knew I shouldn't have sold my 10 apple shares......
Cmon, Donny. Shovel more $ into the stock market. Everyone owns stocks, you know. Everyone.
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