U.S. stocks rallied Wednesday, nearly erasing the losses sparked by reaction to China’s coronavirus outbreak, while oil prices posted their biggest gain in more than a month.
The Dow Jones Industrial Average increased 343 points, or 1.2%, in afternoon trading. The S&P 500 advanced 0.8%. Both indexes are in within 1% of their January records. The tech-heavy Nasdaq Composite Index moved 0.1% higher, a day after it set another closing record.
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:
Who gives a crap?! This is how rich people manipulate the system and make us think the economy is healthy when it isn’t.
So Tesla just ripped me off then? Typical damn billionaire corporation sticking it to the little man.
markets
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks Rally For Second Day In A Row Despite Lingering Coronavirus FearsThe stock market today continued to bounce back from last week’s sell off, despite lingering coronavirus fears by skleb1234 skleb1234 Trumps your man 😆😆😆 skleb1234 The only fears reside w/ the left wing media with their doom and gloom predictions. skleb1234 Will fail
Source: Forbes - 🏆 394. / 53 Read more »
Global stocks and oil prices rally on coronavirus drug hopesRevised economic data for U.K. and Europe also boost markets. WHO spokesperson - There are no known effective therapeutics against this coronavirus. Press conference 15:00 GMT. china is a threat to life on earth dont kid yourselves LOL EndTheFed
Source: CNBC - 🏆 12. / 72 Read more »
US stocks on pace for biggest spike since August as coronavirus fears settle (SPX) | Markets InsiderUS stocks ignored coronavirus fears in Tuesday trading and posted a second consecutive day of healthy gains. The S&P 500 is on pace for its ...
Source: BusinessInsider - 🏆 729. / 51 Read more »
Coronavirus Isn’t Chinese Stocks’ Only HeadacheChinese stocks kicked off the Year of the Rat with their worst day since 2015, down 8% in Shanghai on Monday. Barring much stronger steps from the government to boost sentiment, the market probably still has lower to go. You’re doing great saving them from the 666. Anyone left worshipping those numbers at the end will be the final ones left holding the bag of evidence and we’ll definitely know who did everything... It isn't? WSJ bangs Chinese, are they shorting? Are the factories opening on Monday,
Source: WSJ - 🏆 98. / 63 Read more »
Asian markets improve a day after the coronavirus shocked Chinese stocksStocks in Asia are improving Tuesday, one day after Chinese markets experienced their worst session in years.
Source: CNN - 🏆 4. / 95 Read more »