Stocks open higher on Wall Street a day after a late slide

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, May 20, 2020. Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic.

“Doubts cast over the Moderna vaccine trial results knock out one leg from under the market rally,” Jasper Lawler of London Capital Group said in a commentary. “Investors are trying to bake in a scenario where economies reopen and a vaccine is available in time to prevent a second wave. But there are still many unknowns.”

Yoshimasa Maruyama, chief economist at SMBC Nikko Securities, said the lifting of the emergency could come as soon as later this month. But the hardest hit sectors, such as tourism and restaurants, are unlikely to recover for some time, he said.

Wall Street is not the economy!!! Trickle down has always been a lie!!!!

Who cares how stocks are when you don't have enough money to invest let alone pay rent?

All the companies listed will or already have more information on you then you will ever know the(lib dems) goal is to have chips put in you at birth already being done in 3 rd world countries automation is good but will destroy humanity as we know it now

Fake Stock Market

Remind me again how the stock market is a reflection of the economy 🤷‍♀️

Tech. But are we actually *making* anything? With 36M unemployed & thousands of a businesses going under how is the Dow rising 400 points a day? Where is the production coming from? How did these companies use their PPP? Is anyone tracking the money? Am I Brian Lefevre?

The daily pump and dump cycle is on.

I don’t think you know what broadly means.

That's terrific. I would hate for investors to not feel confident while people are dying and have no money to pay their bills.

thank goodness, we're all safe now

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These value stocks will 'catch up' to growth stocks once economy improves, Goldman saysNew for subscribers: These value stocks will 'catch up' to growth stocks once economy improves, Goldman says Check out CNBCPro for a free trial. Pro I just sold all my alibaba which I doubled along with KO and salesforce. Market has to bottom out after the job losses and China. Pro “These value stocks will 'catch up' to growth stocks once economy improves,” Goldman says. Interpretation: Goldman Sachs's third-quarter earnings fell 26%. Not exactly a record on which I would rely.
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