as investors assessed equity valuations and the outlook for more Covid-19 relief stimulus, along with ongoing political turmoil.
The Dow Jones Industrial Average slid 120 points, or 0.4%. The S&P 500 dipped 0.6%, and the Nasdaq Composite pulled back by 0.9%. At one point, the Dow was down 265 points. The Nasdaq briefly fell by more than 1%. Wall Street was coming off a solid week to start 2021 as investors looked past a violent siege of the Capitol and focused on the prospect for additional fiscal stimulus after a Democratic sweep of Congress. The S&P 500 climbed for four days straight to a record with a 1.8% gain last week. The Dow and the tech-heavy Nasdaq Composite gained 1.6% and 2.4% in the prior week, respectively, also reaching all-time highs.
. Shares of Tesla, for example, were up 25% last week and 800% in the last 12 months. They now trade for around 90-times 2021 cash flow. Tesla shares were off by 5.8%. Bitcoin, which has been a symbol of speculation in the financial markets, was back down to $32,000 on Monday after trading above $40,000 over the weekend.
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Covid-19 Relief Could Stimulate Fintech StocksSome high-flying digital banking and fintech stocks such as Square and PayPal have cooled a bit this year, but stimulus checks going out might bump up results later this year. telisdemos No matter how many breakthroughs there are trials, they will pass. Enthusiasm to stay strong is required. I've invested with the wrong guy thinking I have found someone I can trust, but everything was bad, so I was trying to give up until met Mr Redmond577 I appreciate 💯💯 telisdemos For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Blaketeddy56 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️ telisdemos Just read folks are going to Las Vegas to spend their money and let lose
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »
European stocks slide as Germany extends COVID-19 lockdown to mid-AprilEuropean stocks slid into the red on Tuesday as COVID-19 cases continue to weigh on markets, with Germany the latest country to take new lockdown measures to... Is it possible to find a good guy on Twitter? Great job Europe, looks like Trump and the US led the way again
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »