Man who called Dow 20,000 at end of 2015 says these are the 4 steps needed for a bona fide stock-market recovery

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The man who called Dow 20,000 at end of 2015 says these are the 4 steps needed for a bona fide stock-market recovery:

“ ‘The equity market is giving two or three months for [the market being] closed. … [I]f it goes longer than that, then that’s not going to be good.’ ”

On Monday, the Dow Jones Industrial Average DJIA, -0.97% booked a more than 690-point gain, rising by 3.2% to end the session at 22,327, while the S&P 500 index SPX, -1.06% rose 3.4% to 2,626. The Dow and S&P 500 have risen in four of the past five sessions, but they are down considerably from their mid-February peaks. The Dow is off 24.45% from its Feb. 12 apex, while the S&P 500 is off 22.43% from its Feb. 19 peak, and the Nasdaq Composite Index COMP, -0.70% is 20.

On Friday, President Trump signed $2.28 trillion bipartisan stimulus package into law, aimed at aiding workers and businesses harmed by shutdowns related to the viral outbreak, while the Federal Reserve has already unleashed some of the most potent monetary-policy measures in its history to limit economic harm from the pandemic.

Markets on Monday appeared to draw some optimism from President Trump’s decision to extend social-distancing guidelines to April 30 from April 12, suggesting that the president may be taking more seriously the rapid rate of infection in the U.S. from the disease that was first identified in Wuhan, China, in December and has infected about 770,000 people and killed nearly 37,000 worldwide, according to data aggregated by Johns Hopkins University. In the U.S.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Stock market live Monday: Dow rises nearly 700, J&J vaccine hope, oil 18-year low“We are going to have bankruptcies, and bankruptcies unfortunately destroy the capital structure completely,” Allianz’s Mohamed El-Erian said this morning. “It is a very selective game right now, rather than calling the all clear and going in for indices.” Joe should probably consider a shirt neck size a little bigger. He looks like a tick about to pop. elerianm thank you for your information. Stay safe👍🏻 Cross your fingers that the corporate bailouts and small business loans have enough juice to June stevenmnuchin1
ソース: CNBC - 🏆 12. / 72 続きを読む »