U.S. Stocks Rally; Nasdaq Hits Record

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The Nasdaq Composite closed at an all-time high, up more that 40% from its March lows, and the S&P 500 turned positive for 2020

U.S. stocks rose Monday on growing optimism over the pace of the economic recovery, pushing the Nasdaq Composite to its first record close in nearly four months and the S&P 500 into positive territory for the year.

Friday’s surprisingly upbeat jobs report continued to stoke investor demand for stocks, analysts said. Shares of airlines, retailers, cruise liners and other companies tied to the reopening of the economy led the market higher.David Bailin, Citi Private Bank's CIO, highlights several buying opportunities for investors right now. Plus, Nobel laureate, Joseph Stiglitz unpacks the divide between Main Street and Wall Street.

 

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Really? Millions can’t pay their rent, their bills, or put food on the table.

JonChevreau Aren't 20+ million Americans out of work? Wild.

HeatherZuma HeatherZuma cvpayne CortesSteve LanceRoberts MariaBartiromo mitchellvii TheBubbleBubble mnkahn Proud to announce the successful end of the 6/10/19 Golden Eagle Charting System PERIOD prediction based on Chaos Theory. One BULLSEYE (27,572) vs. (27,650) One NEAR bullseye.

The Market has a short attention span.

HeatherZuma TrumpsMagicWand AllLivesMatter AmericaFirst TrumpNowMoreThanEver DebbieDownerDemocRATs BidenIsARacist TrumpPence2020 ObamaDidntBuildThis realDonaldTrump

Proving how disconnected wall street is from main street reality. More magical thinking? Had enough already.

Smells fishy

Picture looks to be an airport check-in area. Might airline load factors be a better indicator of the strength of the real economy than stock prices? Yesterday - the biggest travel day since March 22 - TSA reported number of people screened was 16% of last year on same date.

Whoever just bought stock is screwed. There is already an uptick in COVID-19 cases from the states beginning to reopen. It’s about a 2 week delay due to the virus incubation period. There’s going to be a bad spike from the protests & further opening. Market will tank again

Why are you surprised? Number 1 rule of investing: stocks ALWAYS go up.

This is crazy

And trump is still losing in November.

Nothing dodgy about it at all...

what crisis? Trump pumping the market lmao

Good news.

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Bull, bear, bull, bear and now a new bull market — whatever’s next, these stocks will outperform, strategist saysU.S. stocks are set to move higher still on Monday, after rallying at the end of last week in the wake of a surprising jobs boost. mrtgr The bull has two ends and right now media is ignoring where the future will soon emerge Remember when all the ultra lefties excitedly pointed out in March how the DOW was officially lower than when Trump took office. How'd that turn out for you, ultra lefties?
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