Stocks rise as recovery hopes gather strength

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Shares gained on Wednesday as investors bet that improving economic data and more policy stimulus from Washington would sustain momentum for equities.

FILE PHOTO: A man using his mobile phone is silhouetted against a stock quotation board outside a brokerage firm in Tokyo February 21, 2006. REUTERS/Toru Hanai

“The data in the U.S. is telling us that the recovery is on track, and this is good news,” said Alessia Berardi, senior economist at Amundi, adding there was a “disconnection” between economic fundamentals and market positioning. The MSCI world equity index, which tracks shares in 49 countries, rose 0.2%. Wall Street futures gauges pointed to gains of 0.5%

 

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It can only be propped up for so long before the balloon pops. It is going to crash hard.

Lol the worst is yet to come

I’m sure the 1.25+ trillion of tax dollars TraitorTrump is dumping into the stock market is helping ☹️

The Stock Market IS NOT THE ECONOMY.

There's a big crash coming.

Good news for the people who own billions more in stocks than normal people.

A good time to sell?

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