Stocks dropped on Wall Street on Tuesday after President Trump ordered a stop to negotiations with Democrats on a coronavirus economic stimulus bill until after the election.
“This isn’t just pushing it off until after the election, this realistically is pushing it off until spring,” Delwiche said. “I don’t think this is just a one-day financial markets reaction. This really goes to the health of the recovery.” Small stocks also fell, but less than the rest of the market. The Russell 2000 index of small-cap stocks gave up 4.67 points, or 0.3%, to 1,577.29.Stocks had been drifting between small gains and losses for much of the day before gaining momentum into the late afternoon, then Trump’s tweets knocked the market into reverse gear.
The Fed's buying Wall St bum debt did nothing for Main St, & it's Main St on which Wall St stands. The real story is in the food lines, job losses, evictions, & bankruptcies.
This could make the forecast for CA and US economy much worse.
Welp!
It's all about money, but what's more important that this?
Trump crashing the economy... like a child slamming doors on their way to their room after getting grounded... he needs his binky
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Stocks drop after President Trump calls off stimulus talksStocks dropped suddenly on Wall Street Tuesday afternoon after President Donald Trump ordered a stop to negotiations with Democrats over another round of stimulus for the economy, which has been punched into a recession by shutdowns related to the coronavirus pandemic. The series of tweets from the jayfonsecapr Mira esto. Salio del hospita y cancelo el movimiento de las negociaciones de los cheques de estimulo. PERO Y QUE ES Hay miles de millones que les hacen falta este dinero Trump is going to get Amy Coney Barrett on the Supreme Court first! That will be 3 in 4 years! How many did Obama get on the Supreme Court during his 8 years? Hahaha idiot
Source: YahooNews - 🏆 380. / 59 Read more »
Stocks drop, Dow down over 300 points as Trump halts stimulus talksThe Dow Jones Industrial Average gave up a gain of more than 100 points to trade more than 300 points lower on the day after President Donald Trump tweeted... so is Trump just helping the stocks market or not? I am kind of confused here... Trump was in poor health, high risk by age, had severe symtoms including fever, avoided respirator, took all 3 major drugs for covid (cocktail), and was out in 48 hours. What the heck is rest of country doing? Easy. They know that if people don’t have money, they can’t help boost the economy.
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Stocks Dive After President Trump Shatters Stimulus HopeA set of mid-afternoon tweets from President Donald Trump sent stocks tumbling after an otherwise calm day for markets. VoteTrump How we he do now with his more failing economy? 💐
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Jim Cramer reveals a list of stocks worth buying after Trump shut down stimulus talks'Without [a stimulus package], numbers will have to come down for a whole host of companies, but not technology,' the 'Mad Money' host said. Lemme guess VXX? The only thing I would buy is gold
Source: CNBC - 🏆 12. / 72 Read more »
Stocks edge up as Trump leaves hospital, stimulus in focusStocks are drifting between small gains and losses in early trading on Wall Street a day after a broad rally. The S&P 500 was little changed shortly after the opening bell, while weakness in technology stocks pulled the Nasdaq slightly lower. TrumpIsANationalDisgrace Time to invest in NY Manhattan apartments that fell over 46%. . Elderly man, His face a fake tan, Shouts, 'CO-VID'S A LIE!' (As thousands more die.)
Source: AP - 🏆 728. / 51 Read more »