opened higher Tuesday after a nail-biting night with on the futures market after a massive selloff the day before and increasingly widespread restrictions and closures across the country.
The Trump administration is looking to ask Congress for and $850 billion stimulus package today – which would include $50 billion for the airline industry.
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'Nervous market' -- more like scared sh**itless. 30% of market value has evaporated in 6 weeks.
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5 things to know before the stock market opens TuesdayU.S. stock futures, in a volatile session, point to a bounce after Wall Street's worst day since the 1987 'Black Monday' market crash. This is good stuff Where's Larry 'Airtight' Kudlow these days?
Source: CNBC - 🏆 12. / 72 Read more »
Market sell-off after Fed's Sunday rate cut is 'totally understandable,' Scaramucci says'What's happening right now (is) we're starting to price in the reduction in earnings for 2020 and the possibility now of a recession,' said Anthony Scaramucci, founder and co-managing partner of Skybridge Capital. The fed moved too late, unfortunately I agree with Trump on this one. Late and not enough money. Ppl spent all their money on food supplies then needed an ER Cash Stash thats all. Walmart stock is UP CVS stock is UP Etc. just different sectors
Source: CNBC - 🏆 12. / 72 Read more »
The six days that broke Wall Street’s longest-ever bull marketThis is the story of a Wall Street week for the history books. It's going to come back 10 times stronger to. Just watch smell A i mean LA We will see severe ramifications due to CoronavirusOutbreak. The market will rebound. It is a good time to buy if you are investing in the future. Buy low. Sell high. Name of the game. What broke Wall Street was this new generation which wonders Wall and Broad... Gamblers, crystal ball readers, soothsayers, hand wringers, whiners, day Traders, institutional investors, and your garden-variety everyday jackasses...
Source: latimes - 🏆 11. / 82 Read more »
Plunging stock market futures hit 'limit down' — Here's what that meansContracts on the S&P 500 dropped 5%, reaching a 'limit down' band that made by the CME futures exchange to prevent further losses. I'm confused on the FUTURES limit down. Could you please explain that for the novice. Thank you.
Source: CNBC - 🏆 12. / 72 Read more »
This is a wounded, fragile stock market raging for a proper policy responseCNBC's Michael Santoli surveys the market wreckage. Maybe people need to understand that tax cuts and monetary stimulus is not the answer right now. Seeing the virus cases decline and people going back to their normal lives will be what causes the market to find a bottom. Certainly not politicians. This market has been shot and its in the emergency room next to someone who has covid-19 Such as?
Source: CNBC - 🏆 12. / 72 Read more »