Stock market live Monday: Dow drops 100, Nasdaq's longest win streak this year, technology leads

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“The president is determined, we’ll do whatever we need to do.” Treasury Sec. Mnuchin discussed the economic impact of the trillions of dollars of coronavirus relief authorized so far, and what could come next.

The S&P 500 and Nasdaq Composite recovered from earlier losses as big tech shares continued to be a bright spot in the market and pushed the indexes higher. But the Dow Jones Industrial Average closed more than 100 points lower amid broader fears over a resurgence in coronavirus cases.The Nasdaq Composite outperformed during Monday's session, and is positive for the year, unlike the S&P 500 and Dow which are both lower.Nasdaq gained 0.

During Monday's trading session a number of stocks rose to record highs amid ongoing hopes that states' economies will begin to reopen.Nvidia trading at all-time high levels back to its IPO in Jan. 1999Fastenal trading at all-time high levels back to its IPO in Aug. 1987ServiceNow trading at all-time high levels back to its IPO in June 2012With less than one hour left in the trading day, the Nasdaq Composite was on pace to post a six-session winning streak.

 

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Good, so go retrieve the trillions you gave your buddies in tax cuts.

Just bill it to future tax payers. No problems print away.

So how much money in U.S. dollars does that equate to? There are 128million estimated households in the US. If we spent 6 trillion in relief and it went straight to households, that would be roughly 47k dollars per household. Of course we will end up spending far more than that.

Does anyone actually believe the FED/Treasury isn’t already purchasing stocks via SPVs? Taxpayer dollars subsidizing Trump’s re-election campaign by skimming money from CARES Act and $3T debt issuance. Government is working hard to make sure mainstreet is left behind.

📈📈📈📈📈

Is this being retweeted again because futures are down 200 points again like it was this morning when first posted 15 minutes before opening bell?

The pigeons are determined, that we will POOP wherever we can POOp. game indiegame pigeonpoolitics pigeon fly flying gamer girlgamer iosgame iosging trump republican androidgame PlayApartTogether

That’s a bunch of bullshít: stevenmnuchin1 & jimcramer know it. This is corporatewelfare! You’re saddling us w/debt & letting Americans risk their lives w/no safety. WhereAreTheTests WhereIsTheContactTracing TrumpOwnsEveryDeath GOPBetrayedAmerica GOPCorruptionOverCountry

Where is the stimulus for disabled Vets that IRS website says we qualify and do not have to do anything because it will come the way we get our benefits. Where is my direct deposit.

Where is the independent oversight of all this taxpayer money being shelled out after Trump removed watchdog Inspector General Glenn Fine?

Blah blah blah 🙄

All talk. Printing money that’s all. Whatever we need to do should include sack Trump.

'whatever we need to do' = rampant inflation

Stop perpetuating this nonsense. He’ll only do anything to help the markets. He does not care about anything else. The man has empathy for no one.

Give $TRILLIONS of taxpayer money away because from January through March Trump denied the pandemic was real and didn't protect Americans.

You are planting a bomb.

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Stock market live updates: Dow down 200, reopening jitters, Tudor Jones bets on bitcoin“The president is determined, we’ll do whatever we need to do.” Treasury Sec. Mnuchin discusses the economic impact of the trillions of dollars of coronavirus relief authorized so far, and what could come next. Mnuchin is disgusting. Do you seriously believe a word he says? He does realize that regardless of interest rate, we still have to pay this back, correct? I see very large taxes in the near future. Let's reverse the corporate tax cuts and let them pay for all these costs, since it has kept the market inflated for their options. blackrock will buy junk bonds through the FED, breaking the established law.
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Here's what happened to the stock market on MondayThe Dow fell 109 points, or 0.5, to close at 24,221.99. Capitalism and Freedom can't coexist. Banksters will keep Americans locked down until all big Pharma patents are secured. Do Large Cap publicly traded companies need consumer demand or just the Federal Government?
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