Indicators of market momentum are coalescing with improving economic data to support the recent stock-market rally, creating a promising backdrop that some investors expect to help major indexes rebound from last week’s declines.
Concerns about an outbreak of the new coronavirus in China sent the S&P 500 down nearly 1% Friday. But recent actions by central banks around the world to stabilize growth with lower borrowing costs and an initial U.S.-China trade accord are driving a steady advance that has been hard to bet against....
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Good article. Thank you so much. I agree with you. Also, I think the US/UK trade deal will be a big one. Both leaders are aligned politically, highly motivated to make a deal soon. A good deal will turn down the any Brexit heat, and help Trump with EU and the election. KAG
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Here's what happened to the stock market on FridayRising fears over the coronavirus' impact on the global economy left investors dumping stocks in search of safer assets. It went down It went down The market went down, so I invested even more into the good ol'e Vanguard_Group brokerage account💰📈
Source: CNBC - 🏆 12. / 72 Read more »
Stocks dive as fears over coronavirus spreadThe Dow and the broader stock market ended deep in the red on Friday as fears over the spread of the Wuhan coronavirus tainted investor sentiment. I have questions: Will a dust mask stop biological contamination? What about eyes as a pathway for contamination? Is it logical to assume more cases than reported? People are dying but me stocks are down. Sad boomer noises.
Source: CNN - 🏆 4. / 95 Read more »
Stocks fall as fears about deadly virus grow; Dow drops 170 pointsHealthcare companies led a broad slide in U.S. stocks Friday as increased fears over the spread of a deadly coronavirus rattled markets. Sounds like fear mongering to me So less than one percent? Really looks like the markets are panicked. Lemme know when it drops 10 percent in a day then we can talk. K tks! remember that episode of star trek where the guy from this age was brought to the ship and was asking about his money? gene roddenberry already wrote the script.
Source: latimes - 🏆 11. / 82 Read more »