Stocks Take A Breather, Dow Falls 200 Points

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The market opened lower this morning, a day after the S&P 500 turned positive for 2020 and fully recouped its losses from the selloff caused by the coronavirus pandemic by skleb1234

In other worrying news, Texas reported a

of new coronavirus hospitalizations on Monday, weeks after it was one of the first states to ease social distancing guidelines and begin reopening.The job gains from last week “indicate the reopening of state economies has been successful in putting millions back to work, with leisure and hospitality leading the way,” according to Wilmington Trust chief investment officer Tony Roth.

 

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skleb1234 The effect of the Corona Virus pandemic on the market is still overwhelming. Recovery would definitely going to be a gradual process for most businesses.

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Stocks Take A Breather, Dow Falls 300 PointsThe market fell for the first time in seven days. I've been waiting for some type of selloff to add, but 2 weeks up and 1 day down doesnt feel like much :-) We dont have to pile tax upon tax to have a fair economy. A 7% tax on both consumer sales and stock trades would replace all other taxes provide a basic income healthcare govt operations and pay down the debt. Walk the plank
Source: Forbes - 🏆 394. / 53 Read more »

Wall Street 2021 oil price outlook, energy stocks to buy now - 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. That was a Russian plot to help trump get enrichment, I believe... They manipulated the the markets. Trump had some shell company make the trades. Now look, oil prices are coming back up as if by magic. diegocervantesb interesante no?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Once bitten, not shy: Investors again seek margin loans as stocks rallyGlobal banks are seeing renewed appetite from wealth management clients to borrow money to buy stocks as markets rebound, bankers said, which comes just months after the strategy burned some investors. waiting for the 2nd crash, plz buy stocks guys. ChristineEliaz Like rats fleeing a quarantined port for the promise of a new conquest. Those that forget History are usually very greedy.
Source: Reuters - 🏆 2. / 97 Read more »

'Multiple Positive Milestones' to Boost Media Stocks, Analyst SaysGuggenheim Securities analyst Michael Morris said that media stocks are set to outperform in the coming weeks, citing 'multiple positive milestones,' including the return of live sports and 'improving advertiser sentiment.' Details:
Source: THR - 🏆 411. / 53 Read more »

European stocks open lower after strong rally last weekEuropean stocks slipped at the open on Monday, reversing after a huge rally last week. The German DAX undefined fell 1.1% and the U.K. FTSE 100 undefined...
Source: MarketWatch - 🏆 3. / 97 Read more »

Asian stocks hug three-month highs after surprise U.S. jobs recovery, oil ticks upAsia shares advanced on Monday after a surprise recovery in U.S. employment lifted hopes of a quicker global economic revival after many weeks of lockdowns aimed at controlling the coronavirus pandemic. USA! USA! USA! Bull run will continue for sometime as Asian stocks are still cheap and attractive😎 God bless Trump
Source: Reuters - 🏆 2. / 97 Read more »