So, we're officially in a recession. Market response? Dow rises, S&P erases losses, Nasdaq hits record high

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Investors are firmly optimistic that recovery is within spitting distance — despite metrics that indicate economic pain across the nation.

To wit, Tesla shares ended the day at $949, a surge of 6 percent, after a report from the China Passenger Car Association showed that sales of the Model 3 more than tripled in May from their April levels — helping propel the Nasdaq even closer to the 10,000 level, which would be a record high.

Gains by Boeing led the Dow higher, after shares in the aerospace company surged by more than 12 percent on Monday, due to an analyst report that said the worst was over for America's biggest exporter. The travel industry has been hardest hit by the coronavirus pandemic, but an uptick in new reservations andvery sensitive to remarks from Federal Reserve Chairman Jerome Powell

 

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

Oh By All Means, you want to play StockMarket Texas Holdum with Billionaires, Do It Do It😂 I love to watch fools an their money👍😂👍😂👍❗️

NBC wishes for depression

Recovery for who?

Wall Street is white and privileged. They want to erase the pandemic, racial protests. Return to return to normal. Back to 2019.

It probably has more to do with the fact that every day we get closer to November 3rd. He'll be gone after that. On a side note, take advantage of a non-LEADER leader who tries (and probably succeeds) in influencing the markets.

Floor traders are maga but they will run soon watchout

Wall Street has lost its damn mind; totally disconnected from Main Street.

“...within spitting distance...”? In case you forgot, COVID19 is still around.

Trying to make that last buck before the recession... arse wholes

should anyone be spitting these days..

😳 🙄 🙄

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:

 /  🏆 10. 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.

Dow futures rise as stock market aims to add to rally headed into Fed weekU.S. stock-market futures rise Sunday evening in thin trading, as Wall Street equities looked to add to a rally toward records for the Nasdaq that concluded...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock market live Monday: S&P 500 goes positive for the year, Dow up 450, Nasdaq new highU.S. markets continued to grow as optimism mounts over a recovering economy. Here's four experts on what's behind the rally.
Source: CNBC - 🏆 12. / 72 Read more »

Fox News apologizes for graphic aligning stock market with black men's deathsFox News is apologizing for how it displayed a chart comparing the stock market to the aftermath of controversial black deaths. Trumps News you mean. Wtf? GuyAdami they must have read your tweet!
Source: latimes - 🏆 11. / 82 Read more »

Prince Andrew and Sarah Ferguson put luxury Swiss chalet on the market for £18.3millionPrince Andrew and Sarah Ferguson put luxury Swiss chalet on the market
Source: hellomag - 🏆 24. / 68 Read more »

With First Virtual Co-Pro Market, Russian Producers Look Beyond BordersThe protracted chill between Moscow and the West might be putting a Cold War-style freeze on diplomatic relations globally, but all signs in recent years point toward a Russian film industry drawin…
Source: Variety - 🏆 108. / 63 Read more »

Stock market crash: Historical checklist for new bull run not yet met - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Oh, it's a bull market alright, bull shit. Same experts who were 10-13 million jobs off on the last report. But yah omg panic Stonks only go up sir.
Source: BusinessInsider - 🏆 729. / 51 Read more »