S&P 500 closes slightly higher as stimulus hopes lift cyclical stocks

Of the 11 major sectors in the S&P 500, seven ended the session in the black. Energy companies .SPNY rose 6.2%, the largest daily jump since June 5, as crude prices CLc1 climbed amid signs of rebounding demand. [O/R]

Coca-cola Co shares gained 2.3% after the beverage maker beat earnings estimates and said demand is improving. Advancing issues outnumbered declining ones on the NYSE by a 3.26-to-1 ratio; on Nasdaq, a 1.58-to-1 ratio favored advancers.

Crypto like that.......

Just keep making up headlines of why the market goes up and down. Instead tell the truth. Central banks continue to poor trillions into a bloated pig. Feel better?

So now the market rises on hopes of social safety nets. Love it.

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S&P 500 turns positive for 2020, but most stocks are missing the partyThe benchmark S&P 500 U.S. stock index is now positive for the year, yet most of its components have sat out the rally. Most of the market participants are missing the party. That is a bigger issue and that is why this is such a hated rally
منبع: Reuters - 🏆 2. / 97 ادامه مطلب »