7:30 am: Dow futures bounce 500 points as investors look to recoup some of Thursday's slideFriday morning as investors sought to curb some of the steepest losses since March suffered in the prior session. The pop Friday morning put the Dow on track to gain 2.
3% at the opening bell, the S&P 500 set to add 2.2% and the Nasdaq-100 to advance 1.9% on the week's final day of trading. The so-called reopening stocks led the way higher in the premarket, with Carnival Corp., United Airlines, Kohl's and Gap all outperforming. —
The market hasn't been driven by fundamentals in years. Algo trading will always be up because they can sell again later that day. A large part of the market volume is not interested in long term viability of outlooks, or anything long term. There is a swath that feed on chaos.
This is being manipulated, something’s off here
The brooms come out ready to sweep all money from the hopeless nation.
The eggs haven't hatched yet!
So everything the stock market was fretting about yesterday has magically disappeared today?
The greed of most of the rich will completely destroy the world economy. The roller coaster of stock markets is extraction. Most of the rich are only stealing from everyone else. Most of the rich are not contributing anything innovative. We must TaxTheRich. EatTheRich
This is a bull trap if I’ve ever seen one, nothing has changed since yesterday
As expected lol
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'Yay!!!!!' - Mammon
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Source: BusinessInsider - 🏆 729. / 51 Read more »