U.S. stocks advance as some states reopen for business

  • 📰 Reuters
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Wall Street gained more than 1% as investors turned a hopeful eye toward several U.S. states that are relaxing shutdown restrictions and reopening their economies

All three major U.S. stock averages advanced, and are all now within 20% of their record closing highs reached in February, with the benchmark S&P 500 on track for its best month since 1987, after trillions of stimulus dollars helped U.S. equities claw back much of the ground lost since the coronavirus crisis brought the economy to a grinding halt.

Several states have begun easing stay-at-home restrictions, in efforts to revive economies and get Americans back to work following crushing job losses.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is insane and you report it like it’s a reasonable move.

The greater 'good', Money men vs lives, economy 'trumps'! Lives are now trading in negative territory, the 'cost' will be colossal

FukWallStreet

This past week the US has 215,177 more confirmed cases and 14,223 deaths....and Trump is opening up the economy? He's insane.

Avoid investing in stock market ,utilise these rallies to exit to keep cash on hand ,cash is king in crisis /recession.

mass-death is good for the markets.

Trump is working

Maybe employees don't matter as much to the stock market now because robots can do all the little jobs better then ever before... Layoffs mean more profit to many companies seeking automation.

Good luck with that

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon gets a rare sell rating from Wall Street analyst - Business InsiderR5 Capital wrote in a note Monday that it's lowering its rating on Amazon over concerns of slowing growth and higher expenses amid COVID-19. Seems unlikely $AMZN 2750 next target.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Wall Street gains as some U.S. states reopen for businessWall Street advanced on Monday as investors girded for a busy earnings week while turning a hopeful eye toward several U.S. states that are relaxing shutdown restrictions put in place to curb the spread of the COVID-19 pandemic. It's time😏 ✓Real Story Who defeat COVID19 Betterworld CovidSangramee 1⃣UnitedHatzalah founder EliBeerUH defeated Covid19. 2⃣He says-Covid doesn't see Rich, Poor, Religion, Caste or Creed. 3⃣So together with Solidarity & Unitedly we can fight with Covid19. Fucking vampires. Literally profiting off the certain sickness and death of American people.
Source: Reuters - 🏆 2. / 97 Read more »

Analysts downgrade several stocks, including Amazon and Caterpillar, as Wall Street's dismal earnings season continuesNew for subscribers: Analysts downgrade several stocks, including Amazon and Caterpillar, as Wall Street's dismal earnings season continues Check out CNBCPro for a free trial. Pro How can Amazon be downgraded when their business is booming right now? Pro mr_jettlife Pro But we have the Fed. Nothing else matters
Source: CNBC - 🏆 12. / 72 Read more »