The S&P 500 and Nasdaq Composite recovered from earlier losses as big tech shares continued to be a bright spot in the market and pushed the indexes higher. But the Dow Jones Industrial Average closed more than 100 points lower amid broader fears over a resurgence in coronavirus cases.The Nasdaq Composite outperformed during Monday's session, and is positive for the year, unlike the S&P 500 and Dow which are both lower.Nasdaq gained 0.
During Monday's trading session a number of stocks rose to record highs amid ongoing hopes that states' economies will begin to reopen.Nvidia trading at all-time high levels back to its IPO in Jan. 1999Fastenal trading at all-time high levels back to its IPO in Aug. 1987ServiceNow trading at all-time high levels back to its IPO in June 2012With less than one hour left in the trading day, the Nasdaq Composite was on pace to post a six-session winning streak.
Good, so go retrieve the trillions you gave your buddies in tax cuts.
Just bill it to future tax payers. No problems print away.
So how much money in U.S. dollars does that equate to? There are 128million estimated households in the US. If we spent 6 trillion in relief and it went straight to households, that would be roughly 47k dollars per household. Of course we will end up spending far more than that.
Does anyone actually believe the FED/Treasury isn’t already purchasing stocks via SPVs? Taxpayer dollars subsidizing Trump’s re-election campaign by skimming money from CARES Act and $3T debt issuance. Government is working hard to make sure mainstreet is left behind.
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Is this being retweeted again because futures are down 200 points again like it was this morning when first posted 15 minutes before opening bell?
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That’s a bunch of bullshít: stevenmnuchin1 & jimcramer know it. This is corporatewelfare! You’re saddling us w/debt & letting Americans risk their lives w/no safety. WhereAreTheTests WhereIsTheContactTracing TrumpOwnsEveryDeath GOPBetrayedAmerica GOPCorruptionOverCountry
Where is the stimulus for disabled Vets that IRS website says we qualify and do not have to do anything because it will come the way we get our benefits. Where is my direct deposit.
Where is the independent oversight of all this taxpayer money being shelled out after Trump removed watchdog Inspector General Glenn Fine?
Blah blah blah 🙄
All talk. Printing money that’s all. Whatever we need to do should include sack Trump.
'whatever we need to do' = rampant inflation
Stop perpetuating this nonsense. He’ll only do anything to help the markets. He does not care about anything else. The man has empathy for no one.
Give $TRILLIONS of taxpayer money away because from January through March Trump denied the pandemic was real and didn't protect Americans.
You are planting a bomb.
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