Stocks Snap Back After Fed Move

  • 📰 WSJ
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The Dow Jones Industrial Average fell or 0.2% after staging its biggest one-day rally in nearly a decade Monday. The S&P 500 lost 0.4% and the Nasdaq Composite fell 0.2%

U.S. bounced back Tuesday after the Federal Reserve followed through on a pledge that it stood ready to take action to combat economic risks related to the coronavirus.

The Dow Jones Industrial Average rose about 321 points, or 1.2%, to 27007, reversing a decline after the opening bell after the Federal Reserve cut its short-term interest rate by 0.5 percentage point.

 

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

When Charles Manson died there went the last person I might not have voted for instead of Trump.

Minute by minute market updates - lol

Yup, because the world knows Trump isn't up to the task of stopping a pandemic. Pouring more and more money by the fed into the markets will end the same way it did under Reagan and GW.

Time to think about investing while the market is still bouncing up and down. Buy it on a down day knowing that it will eventually go up.

So many damn bots in our markets

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:

 /  🏆 98. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Global Stocks Claw Back More GroundStocks made further gains as investors weighed the likely impact of interest-rate cuts in response to the impact of the coronavirus epidemic. Looks like everying's going to be A-OK and we got this coronavirus under control. Good job world 🙄 And some sharp investors probably made a ton of money this past week MariloPozasC Greed!
Source: WSJ - 🏆 98. / 63 Read more »