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Stocks climb again on Wall Street with hopes for stimulus

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Stocks rose for the second day in a row Thursday, reflecting hope on Wall Street that Washington can approve more aid for the economy and encouragement from a report that suggests the pace of layoffs is slowing a bit, even though it remains incredibly high.

Many industries have taken a severe hit, but the state’s housing market should enjoy a quick recovery, a UCLA forecast predicts.

The market has been swooping up and down this week in particular. On Tuesday, Trump said he’d told his representatives to halt stimulus negotiations until after the election because, he said, House Speaker Nancy Pelosi was negotiating in bad faith. That caused stocks to suddenly swing from a 0.7% gain to a 1.4% drop.

But, Pelosi on Thursday said there wouldn’t be a stand-alone bill for the airline industry unless it was part of a more expansive bill.

 

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hopes? what about the normal classes. trump boosted his drug co’s for some more layaway. nov a huge crash is coming...

Trump said that, if congress can come up with a stimulus for the airlines and $1200 checks, he would sign it right through ... But Greenhouse Nancy wants to tac all kinds of BS on it that has nothing to do with the Pandemic ...

hopes? what about the normal classes

Tomorrow: Stocks drop again on Wall Street with sadness for no stimulus.

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Stocks climb again on Wall Street with hopes for stimulusStocks open higher on Wall Street as hope remains that Washington can approve more aid for the economy. A new report suggested the pace of layoffs is slowing a bit, though it remains historically high. When the stock market has lost touch with reality and only serves the elite. The tweet above and below this in my feed are about more massive layoffs. VoteTrumpOut Trump's waffling back and forth on stimulus must mean that he's manipulating the stock market again. I hope the right people are watching....
Fonte: AP - 🏆 728. / 51 Leggi di più »

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