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Stocks Fall, Dow Loses 150 Points After Markets Rally Over 3% On Monday

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The market opened slightly lower today following the market’s biggest rally in 6 weeks on Monday, as Wall Street continues to assess economic reopenings across the country and prospects for a coronavirus vaccine by skleb1234

The Dow Jones Industrial Average fell 0.6%, over 100 points, at Tuesday’s open, while the S&P 500 was down 0.3% and the Nasdaq was up 0.2%.

Stocks pointed to a pause following Monday’s rally: The market had its best day since early April, with the Dow and S&P both rising more than 3%. JPMorgan Chase CEO Jamie Dimon, in a letter to shareholders on Tuesday, said that the coronavirus crisis is a “ ” to create a more inclusive economy, one that “creates and sustains opportunity for dramatically more people.”during the first quarter, as people stocked up on groceries and other essentials during the pandemic.

Retail chain Kohl’s saw its stock bounce back, now up almost 3%, after the company reported net sales dropped byShares of Home Depot fell almost 2% after the home improvement retailer said its first quarter profits took a hit fromTuesday’s mixed open comes a day after the market had its biggest rally in six weeks, with the S&P and Dow both rising by more than 3% on Monday amid rising optimism over a coronavirus vaccine.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

skleb1234 As the FED prints money to replace the loss of the funds from retirement contributions that have fueled the market for years. Just don't expect Wall Street to give them all back with any value left. It's a Ponzi scheme like Social Security.

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