Stocks in the battered travel sector have notched strong gains in early trading as investors react to improving health data from Europe and New York City, signaling that lockdowns and shelter-in-place orders may be lifted sooner than feared. Wynn Resorts rose 16%, while MGM gained 12%. The three major cruise line stocks — Carnival, Royal Caribbean and Norwegian — all posted double digit gains. Major airlines were also trading slightly higher.
Shares of Nordstrom rallied more than 15% in morning trading, but is still down more than 60% this year. Kohl's and Macy's rose 17% and 14%, respectively. —The Dow Jones Industrial average is more than 20% off its 52 week low of 18,213.65, which it hit on March 23. However, the 30-stock average is still more than 25% below its intraday all-time high on February 12. The S&P 500 is more than 18% above its 52 week low of 2,191.
Unless they tell the truth that the FED is manipulating EVERYTHING, who cares what lies they continue to spew.
They should say it doesn't make sense...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks are set to jump at Monday's open, Dow futures rise more than 200 pointsU.S. stock futures rose on Sunday night as Wall Street tried to recover from another decline last week. US futures up in early Sunday evening trade. Dow futures +297 points. Wow 200 points ! 🙄 CNBC. WOW!! Sincerely
Source: CNBC - 🏆 12. / 72 Read more »
Stock market live updates: Dow futures up 750, Nasdaq futures up 4%, bottom in?Stocks were set to jump to start the holiday-shortened week as positive headlines eased investors after last week's gloomy jobs numbers. Does anyone know how the most photographed trader on the NYE is doing? nfw Yup the crisis is over. New all time highs are around the corner. Don’t miss the big rally.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks are set to jump, with Dow futures pointing to a more than 800 point gain“We’re having a bounce on medical issues, not on policy issues, not on technical issues.” Here’s why Allianz’s elerianm says that’s significant. elerianm Trump fool's gold. Only a fool would buy into this market. We rally on less deaths? How sad & pathetic the crooks on Wall St are. The economy is closed and its nothing like we have ever seen. Another chance to sell Trump is a Conman elerianm Bounce? Such BS. Switch off the machines until they have “pandemic” coded into their vocabulary. elerianm But it’s only minimally good news of a slow in Spain, Italy and NYC.... says nothing about the rest of the USA which will get worse before better?
Source: CNBC - 🏆 12. / 72 Read more »
If Companies Aren’t Buying Their Own Stock, Who Is?Companies including Hilton, Chevron, JPMorgan, AT&T and Carnival have suspended their share-repurchase plans in recent weeks, removing a crucial pillar of support for the stock market as it struggles to find its footing after a record stretch of turbulence. Find someone who makes you laugh, protects your heart and isn’t afraid to adore you like crazy. China already buying on low price in order to cover ancient losses from bonds
Source: WSJ - 🏆 98. / 63 Read more »