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Stocks open slightly higher on Wall Street, crude oil rises

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Stocks open slightly higher, even after the government said 4.4 million more workers filed for unemployment benefits last week as layoffs sweep the U.S. economy.

A man wearing a mask against the spread of the new coronavirus walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, April 23, 2020. Asian shares rose moderately Thursday following a rally on Wall Street and even oil prices recovering from their recent plunge to zero.

After Asian markets largely closed higher, France’s CAC 40 stock index rose 0.4%to 4,428. Germany’s DAX fell 0.2% to 10,399 and Britain’s FTSE 100 was flat at 5,768. U.S. shares appeared set for a quiet open, with Dow industrials futures down 0.2% and S&P 500 futures steady. Investors are still bracing for a severe, painfully deep recession after businesses shut down worldwide in hopes of slowing the spread of the coronavirus. Surveys of business managers in Europe showed a record fall in activity.

 

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I have repeated after many others...Wall Street isn't Main Street.

Friendly reminder that the stock market IS NOT THE ECONOMY!

JonLemire Mike Esper (DOD) made a very 'sweaty' appearance on Stephanopoulos several weeks back. Have not seen him since?

across the vast and majestic gulf of time and stonks, the money printers brrr softly

realDonaldTrump larry_kudlow ...Unhappy news for DEM politicians & MSM?

As MSM continues to push fear the truth is starting to come out on actual infections, death rates, and overwhelming underlying conditions leading to serious sickness and death. Shutdowns beginning to end based on real facts not forecasts and Wall St sees this.

Markets to labor: drop dead

This makes sense 🙃🤮🇷🇺😷

Dems and media openly saying-Now is the time to re-make America. Full fill our dreams of NO OIL NO gas engines FREE STUFF and this is a FACT

Couldn’t be a better indicator that the stock market has nothing to do with the true economy, and only represents how the wealthy are doing.

This Is A Fake Economy Propped Up By Rampant Corruption

The stock market has been detached from jobs numbers for a long, long time.

That’s 5 straight weeks stocks were up after high unemployment announcements. The markets are completely disconnected from reality. Never let politicians again use the markets as an indicator to how the economy is doing. It’s a scam.

Even after? Hoping for something different?

Why would they need employees or consumers when they just get massive infusions of cash directly from the Treasury?

You seem disappointed?

Is that sick or what

Who are these buyers? 🧐

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 /  🏆 728. in JP

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