Shares of beaten-down companies that would benefit from the economy reopening rose, bucking tech's negative trend. Cruise operator Carnival advanced 5.2%. Macy's popped nearly 8%.
Since late March, the S&P 500 is up more than 50% and the Nasdaq has rallied over 60%. The Dow has surged more than 50% in that time. To be sure, some analysts think it may be time for the market to consolidate some of its recent sharp gains.
Tech companies fell cos China will retaliate on US banning Chinese apps. The top customer of US tech companies is China! the media never reports on facts these days!
Fake Stock Market Rally Engineered By The Fed. It’s all lie, they are looting people and taking their money by fake Wall Street stock.
Relax.
no fair
They will all be in trouble later!
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