Dow, S&P 500 slide as focus shifts to earnings; Nasdaq gains

Volume on U.S. exchanges was 10.93 billion shares, compared with the 14.80 billion average for the full session over the last 20 trading days.

“What you’re seeing at the end of the day is investors who are sitting with too much cash are buying on the dips,” said Dennis Dick, head of market structure and proprietary trader at Bright Trading in Las Vegas. “I think that trend continues unless the news flow gets predominantly worse.” Some strategists said comments by New York Governor Andrew Cuomo on Monday helped to ease some investor concerns. Cuomo said he believed “the worst is over” as hospitalizations appeared to be reaching a plateau in the worst-hit U.S. state, adding that he would announce a coordinated plan on reopening businesses.

Aggressive U.S. monetary and fiscal stimulus and early signs of a potential peaking in U.S. coronavirus cases have helped stocks recover recently from their dramatic sell-off tied to the pandemic. FILE PHOTO: The New York Stock Exchange building is seen in New York City, New York, U.S., June 4, 2019. REUTERS/Mike Segar

What's coronavirus?

Economic downfall is the biggest impact of the pandemic Latest updates | cases per million population👇 COVID2019 lockdowneffect

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Stock market live Monday: Dow down 1%, Nasdaq green, Netflix surges“I think the market’s a little bit ahead of the economic fundamentals at the present time,” billionaire investor Leon Cooperman said today. Uhh ya think? Market is trading at 2022 levels at the earliest Exactly Shhhh don’t tell them!
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Stock market bulls hope that the S&P 500 will rally further even as corporate earnings craterAs the coronavirus epidemic gathers steam in many parts of the U.S., equity investors appear confident its damage to the economy will be contained, but analysts warn that as large corporations provide more information about COVID-19’s impact on earnings recent gains could be in danger. Saving this for the next time some MAGA brags about the stock market like it means something
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

Dow slips 300 points as investors brace for first earnings season under coronavirus | Markets InsiderUS stocks slid on Monday after the S&P 500 completed its best weekly gain since 1974. Investors worry about the earnings reports set to detail the extent of the coronavirus' hit to corporate profits. A safe vaccine is thought to be 12 to 18 months away, while who emergencies director...COVID2019 coronavirus Hydroxycloroquine Points are pointless. What's the %?
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »