Here's what happened to the stock market on Wednesday

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Better-than-expected data sent stocks flying as traders bet the worst from the economic slowdown is in the rear-view mirror.

Data comes in better than expected

ADP and Moody's Analytics reported private payrolls fell by another 2.76 million in May. The ADP number was far less than the 8.75 million estimate. Data from the Institute for Supply Management showed the U.S. services sector contracted less than expected, rebounding from an 11-year trough.Small-cap stocks outperformed their large-cap counterparts on Wednesday, with the

 

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Extraordinary Popular Delusions and the Madness of Crowds

9:30am started printing cash ended 4:00pm.

Here's what happened to the stock market on Wednesday - Like every other day, the market was up thanks to FEDERAL RESERVE and its free printing of money out of thin air.

Fed liquidity inflated the stock market, rinse and repeat.

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Here's what happened to the stock market on TuesdayBets on the economic reopening outweighed concerns over civil unrest in the U.S., sending stocks higher. It went down. 𝙱𝚕𝚊𝚌𝚔 𝙻𝚒𝚟𝚎𝚜 𝙼𝚊𝚝𝚝𝚎𝚛! It got pumped, we know. up.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

5 things to know before the stock market opens WednesdayDow futures rise again as investors remain focused on the reopening of the U.S. economy despite civil unrest across the nation. number one thing: the stock market is not a reflection of reality. Rich gets richer ...
Fonte: CNBC - 🏆 12. / 72 Leggi di più »