Global stock markets were mostly lower Tuesday as investors grew anxious that the recent rally has gone too far amid gloomy economic forecasts.
Futures tied to the S&P 500 fell 0.9%, suggesting a pullback when U.S. markets open. The stock index closed higher for the fifth straight day on Monday, while the tech-heavy Nasdaq hit a record.
Wow I’m shocked ....
Stock market rise definitely shows its for the rich-working class Americans don’t have a pot to piss in-how can it rally with 13% unemployment and so many small business’s on the verge of closing
Well duhh ...
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Stocks rally, yuan surges as investors bet on China revivalGlobal stock markets rallied and China's yuan posted its biggest gain since December on Monday as investors bet the Chinese economy would boost global growth even as surging coronavirus cases delayed business re-openings across the United States. dumb investments .
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Chinese Stocks Surge as Individual Investors Pile Into MarketThe flagship Shanghai Composite Index hit its highest since early 2018, as small investors bet that a recovering Chinese economy and easier financial conditions would fuel a boom in corporate profits. I feel it is very dangerous Good job Individual investors? CCP is an incredibly free country that wholly supports the rights of its ethnically diverse state owned financial manipulators. Sarcasm - in case you couldn't figure it out.
Source: WSJ - 🏆 98. / 63 Read more »
Asia Pacific stocks set to trade mixed as investors await Reserve Bank of Australia rate decisionThe Reserve Bank of Australia (RBA) is expected to announce its interest rate decision at about 12:30 p.m. HK/SIN on Tuesday. interesting Because it’s all about what the central banks do. Anyone that says otherwise is either ignorant or delusional. commie socialist welfare baby fake fraudster hypocrite
Source: CNBC - 🏆 12. / 72 Read more »
Dollar in narrow range, yen falls as stocks riseThe dollar held steady against most currencies on Monday as investors awaited data expected to show the U.S. services sector stopped contracting, in what would give further hope to an economic recovery from the coronavirus pandemic.
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Citi expects stocks to go sideways for a year, suggests defensivesWorld stocks will probably tread water for a year, according to Citi strategists, who recommend a more defensive portfolio in the face of the fallout from the coronavirus pandemic. this almost guarantees that stocks won't go sideways for a year... That’s a stupid position to have. Get a new broker. 1yr is optimistic vision...
Source: Reuters - 🏆 2. / 97 Read more »
European stocks seen higher as economic recovery, vaccine hopes drive risk-on sentimentEuropean markets are set for a bounce on Monday morning as investors focus on the prospect of economic recovery and progress on potential coronavirus drugs. BREAKING a live virus always spreads the virus. Who wants to bet? I got an OunceOfGold economic activity is NOT recovering and theres still no vaccine in sight. Actual headline central bank is currently buying up securities markets around the world in trade for all this “free government money” people are using to buy tv’s.
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