advanced 2.58% to 8,090.90. Stocks jumped after Sen. Bernie Sanders dropped out of the presidential race, relieving some of Wall Street's political concerns amid the economic crisis stemming from the coronavirus.Sanders made his announcement in late-morning trading.
Some of Sanders' policy proposals, including Medicare for All, raised concern among several business owners and investors who feared taxes would go up under his presidency. Meanwhile, Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, told Fox News on Wednesday that the U.S. death count related to the coronavirus is now lower than initially thought, noting there should be a turnaround after this week.
Every time New York has a massive coronavirus daily death toll the Dow Jones has a fantastic day rise . Strange correlation
What is happening is exactly what happens all the times!! People who out of fear of missing out give their ladt pennies to smarter ones who realize the main recession still is on the way!!! Lots of people still think this will come back like a V!!
An increasing death count is good news? Things are getting worse, not better. Without mass testing, all these numbers and percentages that are being portrayed is just pure manipulation. Infection numbers. go down when testing is limited !
Stop listening to Cramer. He’s pushing stocks that are clearly over-rating and national security risks, like ZOOM. Zoom is crap. I’ve tried to use it. MSFT Teams is stable and works well. Enough of this Zoom crap.
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Source: CNBC - 🏆 12. / 72 Read more »