U.S. Stocks Extend Gains as Banks Kick Off Earnings Season

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The Dow industrials rallied about 550 points, marking the biggest one-day gain for the index in two weeks

U.S. stocks turned higher Tuesday, accelerating toward the end of the session, as investors parsed earnings results from the biggest banks for insights on the health of the American economy and its lenders.

The S&P 500 rose 1.3% after wavering earlier in the session. The Dow Jones Industrial Average rose 2.1%. The Nasdaq Composite advanced 0.9%.

 

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I am scratching my head trying to figure out why Wall Street is gaining. I have friends getting laid off, Boeing is losing orders, the United States debt is out of control... what do the traders see that I am missing?

When this bubble bursts watch out-especially chinese comps. $GSX Techedu is 100% fraud and DeloitteChina partner LiLiShan is allowing this. Admitting fraud since 2015 whistle blower petition:

Covid19 is a money maker.

looking good on the charts but there is for sure bad news ahead for the near future. Looking at another big drop in the coming weeks

We're all realizing that Republicans understand how to run up debt and artificially keep the stock market afloat. Drop the FoxNews propaganda and talk about the real economy.

90% of Americans do not own stock.

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