U.S. stocks finished their best month in decades on a downbeat note after data on spending and unemployment further revealed the extent of the coronavirus pandemic’s damage.
The S&P 500 fell 0.9%, reversing Wednesday’s gains when the Federal Reserve reassured investors that it is in no hurry to end its stimulus programs. Despite a choppy month, the index wrapped up April with a gain of about 12.7%.
May days will have an earthquake of bad numbers but the long term is where focus should be
What does this do for those out of work? Lost their healthcare. Wall Street is happy.
Because corporations are using government handouts in stock buyback scams. The major shareholders and the senior management, who are paid with stock options, are making an absolute killing
This is how it works. Wall Street will pretend everything is great until it can’t pretend it anymore.
Only because last month was the worst month in decades.
Didn't DOW drop +/- 30% in March? The April gains noted are more RELATIVE than relevant
Donald Trump would make America great again
But the S&P is still lower than it was a whole year ago. Daily rises and falls are meaningless for comparison.
The plan all along.
Proves stock market has not a damn thing to do with regular folk.
Monopoly for the rich while 30 million have no paycheck, are you great again america?.
So the stocks don't need people.
Other than that, Mrs Lincoln.....how was the play?
Fuck..i just know their gonna do something. Ok nevermind i wasnt planning anything. Im only bad with you whenever you feel like it
April? As in, the-next-few-hours April?
This is because of the huge influx of money from the fed to keep it from crashing.
All bought and paid for by your buddy Trump and the billionaires to make sure he gets elected again why they raped USA for $2 Trillion!!!
Say it with me..... WINNING !
This is a pretty disingenuous take considering it was only by chance that the biggest losses in history fell in the prior month. Averaging the two months together, the numbers still look pretty bad. 🙄
Nice retrashing of the markets immediately post-rally by the wall street elites/sponsors, no. 150 in 3 yrs. What a scam
Let me translate this headline: The rich just got richer. End of story.
recession2020 kochie_online ?
“wE lOvE vOlaTiLity”
I'm so glad all of that US stimulus money is being used for this. And gee, thanks again for not hiring American workers and instead shipping off more business to China! I'm sure that stimulus money will go far in Beijing!
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