Stocks jump most since June 2020 as oil prices fall sharply

“It’s one day, so it’s hard to really draw any type of conclusions,” said Keith Buchanan, senior portfolio manager at Globalt Investments. “Markets had their backs against the wall, kind of expecting the worst.”

Last week saw record selling of U.S. stocks by hedge funds, strategist Jill Carey Hall wrote in a recent BofA Global Research report. Retail investors and institutional investors were net buyers.The moves by retail investors may be a result of people worrying about missing out on any potential rebound. A “buy-the-dip” strategy, where drops in stocks were seen mainly as opportunities to buy low, was very successful following the 2020 crash caused by the coronavirus.

European stocks rallied even more than the U.S. market. Germany’s DAX jumped 7.9% and France’s CAC 40 rose 7.1%. “Whereas the U.S. will have the wind in its face as stimulus falls, Europe may actually have the wind at its back.” Such swings have been particularly wide in markets for commodities because Russia is the No. 2 oil exporter and the No. 3 supplier of nickel, which is used in electric car batteries, stainless steel and other products. Russia and Ukraine also are among the biggest global sellers of wheat.

There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about JulieCrypto_ it has been a pleasure collaborating with you...there is no other way I can show my appreciation other than tweeting the good deed you have done.

Do traders think Russia has surrendered or something?

You hear that? It’s the sound of republicans searching for a new way to hate Joe Biden

Bullshit !!! Lol. Drop

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Stocks fall again as Ukraine worries weigh on investorsUS stocks ended the day sharply lower as the US and Europe ramp up talk of a Russian oil ban. It was the worst day of 2022 for the Dow and S&P. I am old enough to remember $2 gas, 37k dow, world peace, affordable groceries, and no inflation Stocks are falling because we have an incompetent president and our country is half full of brainwashed leftists.
แหล่ง: CNN - 🏆 4. / 95 อ่านเพิ่มเติม »

Greene Bought Oil, Defense Stocks While Complaining About War ProfiteersMarjorie Taylor Greene bought up to $15,000 in stock in defense and oil companies two days before Russian forces invaded Ukraine. Insider trading when you are in Congress is totally normal and not corrupt AT ALL! She’s not there to improve her district. Is anyone surprised?
แหล่ง: truthout - 🏆 69. / 68 อ่านเพิ่มเติม »

Bank stocks are flashing red light for EU economyShares in the bloc’s lenders have dropped 23% since Russia invaded Ukraine. That’s greater than banks’ exposure to those countries, and more than wipes out an expected rate-hike boon. Investors fear rampant defaults and recession. Bank CEOs may have to start cutting costs again.
แหล่ง: Breakingviews - 🏆 470. / 51 อ่านเพิ่มเติม »

Stocks drop, oil prices hit decade highs as US considers Russian import banBrent crude oil touched nearly $140 per barrel overnight as the market reacted to the possibility of a ban. The global price benchmark was trading at roughly $125 as of early Monday morning. You'll have to make up the difference with groceries and entertainment
แหล่ง: nypost - 🏆 91. / 67 อ่านเพิ่มเติม »