While investors have cheered data that U.S. coronavirus cases are trending lower, many officials remain cautious about students returning to school and colleges in the fall: Several campuses have had to switch to fully online classes after seeing clusters of new hot spots emerge.
A good deal of uncertainty also remains around the next coronavirus stimulus bill in Washington: Treasury Secretary Steven Mnuchin on Tuesday for failing to “strike a reasonable deal,” but suggested that talks could resume this week.. The index finished above its old record closing-high of 3,386 set back in February, while also surpassing its previous intraday high of 3,393 earlier in the day. In March, the index had tumbled over 30% from its February record as the coronavirus pandemic sent the economy into a recession.Market sentiment was also kept in check by ongoing U.S.
skleb1234 Stocks ≠ Economy
skleb1234 Seems like it's time to buy Bitcoin before the Fed prints another 1/3 of the GDP in a month
skleb1234 There are signs that the Fed will revise its economic forecasts in its new round of economic forecasts next month, especially if the coVID-19 pandemic has weakened the recovery over the summer.
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