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Stocks Snap Back After Fed Move

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The Dow Jones Industrial Average fell or 0.2% after staging its biggest one-day rally in nearly a decade Monday. The S&P 500 lost 0.4% and the Nasdaq Composite fell 0.2%

U.S. bounced back Tuesday after the Federal Reserve followed through on a pledge that it stood ready to take action to combat economic risks related to the coronavirus.

The Dow Jones Industrial Average rose about 321 points, or 1.2%, to 27007, reversing a decline after the opening bell after the Federal Reserve cut its short-term interest rate by 0.5 percentage point.

 

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When Charles Manson died there went the last person I might not have voted for instead of Trump.

Minute by minute market updates - lol

Yup, because the world knows Trump isn't up to the task of stopping a pandemic. Pouring more and more money by the fed into the markets will end the same way it did under Reagan and GW.

Time to think about investing while the market is still bouncing up and down. Buy it on a down day knowing that it will eventually go up.

So many damn bots in our markets

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Global Stocks Claw Back More GroundStocks made further gains as investors weighed the likely impact of interest-rate cuts in response to the impact of the coronavirus epidemic. Looks like everying's going to be A-OK and we got this coronavirus under control. Good job world 🙄 And some sharp investors probably made a ton of money this past week MariloPozasC Greed!
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