An onslaught of new largely positive earnings and economic data failed to push the major indexes up after three straight days of losses–including the worst day for stocks since early June, setting the market up for its worst week since the pandemic started ravaging the U.S. economy in March.... [+]Shortly after the open, the Dow Jones Industrial Average was down less than 0.1%while the S&P 500 was up 0.
The Dow's now down more than 1,800 points this week–marking the index's worst weekly loss since the pandemic first tanked U.S. markets, when the Dow crashed more than 3,700 points in the week ending March 11. the U.S. economy grew at a staggering 33.1% annualized rate in the third-quarter–a largely misleading figure that actually represents an expected partial rebound from the second quarter's dismal results.
Tepid stock market results came in spite of a slew of stronger-than-expected earnings results before market open; Comcast, Tapestry and mattress-maker Tempur Sealy were all among firms posting beats early Thursday. Markets around the world were also slightly bearish on Thursday morning: The United Kingdom's FTSE 100 was down 0.1%, while France's CAC 40 was down 0.6%, and Japan's Nikkei 225 ended the day down 0.4%."While stock volatility is never a comfortable experience, the recent declines should be expected given the upcoming election, increased COVID cases, and stimulus uncertainty.
New Leaked Audio Proves Joe Biden is lying about corruption scandal
Wall Street Worries: The rub is JoeBiden is not the Democrat Candidate. Wall Street cannot depend on good old quid pro quo. Behind the curtain is massive Social program overhead. There may not be any money left over for the back room. tt:ckchumley SaraCarterDC lizpeek
What happened to the government Corporate Bond Buying Program that’s been propping the stock market up?
thank you very much for your work
It will get worse. The hospitals will soon be overwhelmed and realDonaldTrump will continue enabling the deaths of tens of thousands more Americans.
loosing POTUS
fail
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Stocks are off to a wobbly start as hopes for virus aid fadeStocks are wobbling on Wall Street as hopes for a pre-election economic stimulus package slipped further away and as virus cases continued to increase. Drugmaker Eli Lilly slumped after reporting earnings that were short of what analysts were expecting. Azar is crying himself a river somewhere. China got the jobs. Biden and Obama got the cash. This is when the rich get richer. Who do you think benefits the most when stocks are down & the economy is in shambles? StockMarket
Source: AP - 🏆 728. / 51 Read more »
Stocks making the biggest moves midday: Eli Lilly, Caterpillar, Chegg, Harley-Davidson and moreThese are the stocks posting the largest moves in midday trading. Big red to 3 november. No stimuli. Mcconel in vacation
Source: CNBC - 🏆 12. / 72 Read more »
Greenlight's Einhorn says tech stocks in bubble, hit top in SeptemberTechnology stocks, which have surged for months during the pandemic, likely hit their top last month, hedge fund investor David Einhorn wrote on Tuesday, adding that he's prepared for a drop by betting against more names, including second-tier companies and ones that just... I disagree and the current market data doesn't bare this opinion out very well! Then proceeds to buy the dip here comes another hedge fund guy, talking his book to spook the markets cnbc will run this all day every day
Source: Reuters - 🏆 2. / 97 Read more »
U.S. crude, gasoline stocks up, distillate inventories fall: APIU.S. crude oil and gasoline stocks rose last week while distillate inventories fell, data from industry group the American Petroleum Institute showed on Tuesday.
Source: Reuters - 🏆 2. / 97 Read more »
Stocks end another wobbly day lower as virus cases riseWall Street's losses mounted for the second straight day Tuesday as momentum slows on worries about rising virus counts and Washington's inability to deliver more aid to the economy. Highly recommend following TheNAJournal if you want legit non-partisan journalism. It's due to the stimulus check. And the presidential election. coronavirus cases will “rise” even higher since TuckerCarlson put JoeBiden in the TonyBobulinski frying pan tonight. JoeBiden lied about China and is lying about COVID19.
Source: latimes - 🏆 11. / 82 Read more »
Oil falls on oversupply fears after build in U.S. crude stocksOil prices slid more than 1 percent on Wednesday, paring the previous day's gains, as a jump in U.S. crude inventories and surging COVID-19 cases raised fears of an oversupply of oil and weak fuel demand. Remember when covid first started and oil was in the negatives so trump was paid to take it off their hands oil is finite, give everyone a tesla or the like and lets start over, infrastructure, the sun will not go red giant for another 5 billion years and its free, no microplastics or whale killing spills HOLY BITCOIN, BATMAN!!! No stopping her now! A week after the PayPal/Venmo adoption, JP Morgan is on board and Microstrategy announced $100 million profit in two month investment!!! Industrial and commercial industry FOMO is going to drive the price to the mooooooon!!!! 🚀
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