Stocks claw back ground a day after worst drop since 1987

A man wearing a mask walks by the New York Stock Exchange, Tuesday, March 17, 2020. Share prices are volatile after a brutal sell-off that gave the U.S. stock market its worst loss in more than three decades. Markets in Europe lost early gains and were trading lower on Tuesday

“Details as yet are sparse. Investors are pinning their hopes on governments flooding people and businesses with enough cash to survive months of a coronavirus-induced lockdown,” analyst Jasper Lawler of trading platform LCG said. Futures for the S&P 500 climbed 2.5% while the future for the Dow Jones Industrial Average added 2.6%.

The Nikkei 225 in Tokyo rose to 17,011.53, while Hong Kong’s benchmark jumped 0.9% to 23,263.73. Sydney’s S&P/ASX 200 jumped to 5,293.40, while the Shanghai Composite index sank 0.3% to 2,779.64. The Sensex in Mumbai rose 0.2% to 31,434.96. The Kospi in South Korea dropped 2.5% to 1,672.44. Shares also fell in Southeast Asia.

Analysts said bargain hunters appeared to be buying crude to help fill government oil reserves, anticipating China’s economy will get a boost from massive stimulus yet to be announced.Monday’s 12% drop for the S&P 500, its worst day in more than three decades, came as voices from Wall Street to the White House said the coronavirus may be dragging the economy into a recession.

Closing businesses can help slow the spread of the virus, but it also takes cash out of the pockets of companies and workers.

They are in the red. Is that pushing higher?

不正行為を取り締まることから始めてみたい。 なぜ不正行為を繰り返すのかを聞き出したい。 戦争や紛争や暴動をなくそう

Until fat nixon opens up his mouth again.

The country is a mess... Close down Wall Street and the Market for a month!

Peter Tuchman ☝🏼the famous stockbroker

Three decades is 1990. Go back further. That's how far Republican leadership has knocked us back.

Wondering how liberals are going to spin this, come election time, into it being Trump's fault...

Until trump open his mouth....

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