Here's what happened to the stock market on Tuesday

dipped 1.40% to 8,607.73. The Dow snapped a four-day winning streak as a decline in tech shares pressured the broader market, offsetting the enthusiasm about the prospects of reopening the economy.A partial reopening of the U.S. economy — in Alaska, Georgia, South Carolina, Tennessee, Texas, and others — has boosted investor sentiment in recent trading sessions, with certain U.S.

businesses poised to benefit from the first wave of consumers emerging from the coronavirus driven quarantine. But Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, warned we're not out of the woods yet. On Tuesday, he said the U.S. could be in for a "bad fall" season if an effective treatment for the coronavirus is not found by then. He noted the virus is "not going to disappear from the planet.

Wait till the fed is done and see the drops...

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.

Here's what happened to the stock market on MondayStocks rallied as investors mulled the possibility of re-opening the economy after the coronavirus outbreak. S&P500 only off 2.2% from this time last year. Does that make any sense given the current environment? Lives & livelihoods being lost HerdBehaviour in global markets -ve by over 50% MarginsofSafety DJIA NASDAQ “Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” - Charles Mackay
Source: CNBC - 🏆 12. / 72 Read more »

5 things to know before the stock market opens TuesdayStocks are set to advance as Dow stocks 3M, Caterpillar and Pfizer rise on earnings and U.S. oil prices come off their lows.
Source: CNBC - 🏆 12. / 72 Read more »

US stocks slide amid mega-cap tech weakness and earnings uncertainty | Markets InsiderUS stocks slid on Tuesday, dragged lower by mega-cap tech weakness, oil-market volatility, and uncertainty around earnings season. Adobe and Mic...
Source: BusinessInsider - 🏆 729. / 51 Read more »