Wall Street Week Ahead: U.S. stock market surge may run into scary September

FILE PHOTO: The front facade of the New York Stock Exchange is seen in New York City, New York, U.S., June 26, 2020. REUTERS/Brendan McDermid

Thursday’s declines may be a preview for a rocky next two months as institutional investors return from summer vacations and refocus on the potential economic pitfalls in the year ahead, fund managers and strategists said. October has notched the deepest historical declines of any month in both the S&P 500 and the small-cap Russell 2000, with the S&P 500 falling 21.8% and the Russell down 30.8% in 1987, according to CFRA.

the surge is based on umlimited QE. print more and more dollars. the bigger the bubble is. in the end, the faster and deeper the roller coaster goes

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.

Asian stocks follow Wall Street lower, nervous wait for U.S. jobs dataAsia's stock markets had their worst session in two weeks on Friday following a tech-led plunge on Wall Street, though gains in safer assets like bonds and dollars were muted as investors awaited U.S. job data to see if it triggers a bigger selloff. Where is the President for this great news I know it's form, but its so annoying that 'up' is close to close, not open to close. Nikkei actually shot up (from its gap down) at the open.
Source: Reuters - 🏆 2. / 97 Read more »

European markets seen slightly lower as Wall Street tumble roils global stocksEuropean stocks are set to open slightly lower Friday after a sudden retreat at the end of Thursday's session, as a sharp decline in Wall Street tech stocks spooks global markets. Cancel trumps free presidency. It’s a golf tour gone awry kuku27 Wall Street walls are now having trouble w/ weakening of foundations. it was long overdue. There could be bubble burst too
Source: CNBC - 🏆 12. / 72 Read more »