U.S. stocks mostly opened lower on Tuesday on track to erase a chunk of the previous session's gains as investors assessed the scope for a further market rally amid worries the U.S. economy's recovery would stay uneven. The S&P 500 SPX, -0.07% fell 0.4% to 3,166. The Dow Jones Industrial Average DJIA, -0.69% shed 189 points, or 0.7%, to 26,098.
The Nasdaq Composite COMP, +0.48% rose 2 points to 10,436. In an interview, Atlanta Federal Reserve President Raphael Bostic said the nascent U.S. recovery from the viral outbreak was"leveling off," raising doubts about a V-shaped, or swift and powerful, economic rebound. The worry is that re-acceleration of coronavirus cases across the U.S. could slow economic activity.
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Källa: Reuters - 🏆 2. / 97 Läs mer »
Stocks in Europe rally on economic optimismEuropean stocks rose Monday, as signs of economic progress offset worries about growing coronavirus cases in the U.S. as well as India. come on...you can't be serious with this headline...
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
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Källa: WSJ - 🏆 98. / 63 Läs mer »
Citi expects stocks to go sideways for a year, suggests defensivesWorld stocks will probably tread water for a year, according to Citi strategists, who recommend a more defensive portfolio in the face of the fallout from the coronavirus pandemic. this almost guarantees that stocks won't go sideways for a year... That’s a stupid position to have. Get a new broker. 1yr is optimistic vision...
Källa: Reuters - 🏆 2. / 97 Läs mer »
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Källa: CNBC - 🏆 12. / 72 Läs mer »
Asia stocks trade mixed as WHO reports all-time high in coronavirus casesThe World Health Organization (WHO) reported over the weekend a record high number of coronavirus cases in 24 hours. Stop talking about cases. Talk about mortality stats or death rates. It is misleading Don't bury the lead. What else did the WHO report this weekend? That China never informed it of the Wuhan virus? Fauci says coronavirus may be mutating to become more infectious:
Källa: CNBC - 🏆 12. / 72 Läs mer »