Market lifted by optimism the economy may reopen soon, but the return has to go just right

Stocks were higher as government officials begin to discuss how they would roll back shutdown orders, something that would have a profound impact on the economy and corporate profits.

Stocks were higher on optimism the number of new virus cases are leveling and a reopening of the economy is on the horizon. However, there's fear that an early opening could result in a renewed outbreak and that could be a setback, leading to a fresh market sell-off and another economic clampdown. But too slow a return also threatens deeper economic damage and more business failures.

Closely followed by markets, Dr. Anthony Fauci, director of allergy and infectious diseases at the National Institute of Health, says May 1 may be overly optimistic.on the company's earnings call that he hoped workers could return to work in June, July or August, but it "won't be May." Stocks bounced higher Tuesday, with the S&P 500 up nearly 2.7% Tuesday and more than 20% from its March 23 low.

Cramer will march down wall street and go ring the opening bell... thats merika

NOT GOING TO HAPPEN !

Jonestown.

This is passing . Things will reopen in reverse. West Coast first , Mid-West then Souhth . East Coast last . Targeted Cities very last. Per the U of Washington we will be thru this by end of June , death wise . He’s been in charge of Seattle Models .

There are counties here in Virginia with 0 deaths that have stores closed

There will be no reopening of the economy until there are 0 coronavirus cases otherwise you just get wave 2.

If the market goes up just cause some dudes in suits feel optimistic why dont they just choose to be optimistic all the time? Youd never have to worry about a market crash again!

Still optimism? Oh please, it has been long priced in. Many are playing FOMO and it will end up in tears if you are late into this rally. You will probably be the last fool to hold the bag...

It will be bungled like everything else and like usual greed will take the lead. The market is up 500 points, compared that to the many thousands lost.

Wave 2 is going to be fun.

CNBC is an embarrassment. Define go just right.... people just need to go back to work. Let’s just keep scaring everyone to see if we can force an economic collapse.

shares cannot be eaten.

Way to early to tell. Coronavirus and the long-term, far-reaching effects could extend over a period of years... both nationally and around the world.

It won't. We're Americans. Weather is getting nicer and people are getting cabin fever.

'Just Right' never works. Second wave incoming COVID19

🇺🇲🇺🇲🇺🇲🇺🇲

Still too early to tell

Россия Последние новости, Россия Последние новости

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