A stock market that had clawed within 4.5% of its all-time-high as states reopened economies gave back much of the gains Thursday as COVID-19 cases and hospitalizations spiked amid easing restrictions.“We spent the past several weeks celebrating an economy that was starting to get back online,” says Jason Ware, chief investment officer and chief economist for Albion Financial Group.
The Dow slid 1,862 points, or 6.9%, to 25,128. The Standard & Poor’s 500 index closed down 5.9% at 3,002. And the tech-heavy Nasdaq dropped 5.3% to 9,493."Stocks were overdue for a pullback after rallying more than 40% off the March lows and pricing in what we believe is an overly optimistic economic outlook," says Jeff Buchbinder, equity strategist for LPL Financial.
“The longer this goes on, the more corrosive this becomes to the foundation of the economy,” Ware says.
I think it's the computer bots. The up and down swings in the market have become so much faster, because the computers being used by traders are so much faster at analyzing and trading than humans.
44 mil unemployed and a figure head in the White House totally oblivious to what is going on.
Anyone seen trump? Haven't heard from him on this matter.
Keep perspective: it dropped to levels last seen in late May (less than a few weeks ago).
Trumps failing america.
Holy wow!
Trump Depression!
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Stocks post their worst day since MarchThe Dow's mega-rally hit a roadblock: A somber economic outlook from the US Federal Reserve and the 2 millionth coronavirus case in the United States has investors questioning whether they had boosted the stock market too far, too fast. Your channel divides us Watch 'How COVID-19 could change the way we eat forever' on YouTube Back up the truck on cyclicals wealthy2021
ソース: CNN - 🏆 4. / 95 続きを読む »
Stocks on track for biggest drop since March on concern about economic recovery, coronavirus spikesGlobal stock markets tumbled Thursday after the Federal Reserve signaled a long path to recovery from the devastation of the coronavirus pandemic. Wonder if clown in chief is gonna tweet about market today Don't worry Trump said it was going to be all good so lets just go with that.
ソース: USATODAY - 🏆 100. / 63 続きを読む »
Stocks suffer their worst day since March, with the Dow plunging more than 1,800 pointsIt was a brutal day for the market. Stocks tanked Thursday in the market's worst day since the March sell-off as coronavirus cases increased in some states that are reopening. - The Dow fell 1,861 points. - The S&P 500 slid 5.89%. - The Nasdaq lost 5.2%. Don't tell tweety asshole Sarah Eisen needs to bring more optimism or the market falls apart The fall came as a no surprise to me and many others. The 'recovery' rally was a well organized Wall Street Madoff Ponzi scam. It fooled no one outside the US.
ソース: CNBC - 🏆 12. / 72 続きを読む »
Global Markets Inch Higher; Chinese Stocks Lag BehindU.S. stock futures crept higher, as did some international indexes, while weaker-than-expected inflation data put Chinese shares under pressure. Weeeeewhuaaa So much bubble hype out there! If you see the bandwagon you’ve already missed it. Fake Numbers bubble
ソース: WSJ - 🏆 98. / 63 続きを読む »
Global stocks reel on gloomy Fed outlook and fears of a second coronavirus waveStock markets around the world retreated Thursday as fears over a second wave of coronavirus infections and a gloomy economic outlook from the U.S. Federal Reserve rattled investors. at least a narrative of pending doom. The fear mongers are out in force. go away in May is late this year. 😀
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