Stocks Soar After Strong Retail Sales And Reported Trump Infrastructure Plan

Marie Biscarra, co-owner of ISSO fashion boutique in San Francisco, writes a sign declaring her business open for curbside delivery on May 18. Retail sales jumped a record 17.7% last month.

Marie Biscarra, co-owner of ISSO fashion boutique in San Francisco, writes a sign declaring her business open for curbside delivery on May 18. Retail sales jumped a record 17.7% last month.U.S. stock markets surged Tuesday after reports that retail sales rebounded strongly in May and that the Trump administration is preparing an infrastructure plan to boost the economy, which has been battered by the coronavirus crisis.

this is screaming bailouts rmr that the gov gave very much money to big businesses unaccounted for!!

Read the fucking room,

Oh, is it “Infrastructure Week” again?

The stock market represents the rich, not Main Street. “nearly all of the stock ownership in the U.S. is concentrated among the richest. According to Wolff's data, the top 20 percent of Americans owned 92 percent of the stocks in 2013”

Geez, when you start at zero it's difficult to go anyway but up.

BQQM!

Who FN cares. Report on the economy.

NPR Team, instead of talking about the downstream issues you should talk about the real problem! Gov./fed Millionaires/Billionaires controlling this country. Enriching themselves by increasing the debt for the American taxpayers. US is a kleptocracy focused on profit at all cost.

Dont Forget your own reporting. Companies can no longer lose money anymore. They will be bailed out by the FED whenever they get into any trouble. So why not invest recklessly? Billionaire cant lose.

The stock market means nothing to the millions out of work. It only means good news for shareholders and corporations who will determine they might hire 2 people to fill a 10 person workload with 0 benefits while they get millions in bonuses.

If anything needs to be cancelled, it’s the stock market. Enough of this mass delusion.

After the Fed promised to buy corporate bods- recession is here people

Sad

The stonks!

Millions of people got $1,000 checks that they don't know what to do with so they're artificially inflating the stock market by day trading. I don't think it'll end well.

It’s infrastructure week again? Boy is Wall Street gullible/

Looting.

Can confirm, my wife just spent $100 at Target on a bunch of worthless shit

It’s going to be Infrastructure Week™ again🙄🤦🏽‍♂️😤

da economy ain’t real

Stock market is not a reflection of the economy or even the health of portfolios & corporations It's a game/plaything for the wealthy & powerful

An indication of how sick and artificial the stock market is. 120K Americans are dead and continue to die at an average rate of 1000 per day. Great market.

It's not surging today, it surged overnight and premarket.

FIRST, it's not even noon. WTF are you doing running a story on two hours of trading? SECOND, the Dow is a meaningless number, not hitched to a broad array of stocks and that array changes all the time anyway. THIRD, stop lying to people that you understand why markets move.

Propaganda outlet for the CCP and radical Democrats. Mara Liason is a complete disgrace.

Phew, glad we’re outta the woods

Yet how many thousands of people are still out of work?

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.

As Trump Touted the “Fantastic” Economy, Mick Mulvaney Was Selling Off His StocksOn the same day in March that Trump said the economy was doing “fantastically” and brushing off the virus, one of his top aides seemingly had a much darker outlook about where things were headed Well if u idiot ppl would listen and abide by the rules of social distancing washing hands not touching face and limit ur travel this deadly virus will go away! But like everything else ppl are impatient and hurried! One day at a time it’s ur life we are talking about Caution
Source: VanityFair - 🏆 391. / 55 Read more »

Morgan Stanley says US stocks will soar 10% by mid-2021 as V-shaped economic recovery boosts profit growth | Markets InsiderMorgan Stanley on Monday updated its base case for S&P 500 growth through June 2021, citing a swift economic recovery.  The bank raised... if you guess enough... Morgan Stanley Sees U.S. as a Laggard in 2020 Across Markets, November 17, 2019, Morgan Stanley releases new forecast showing U.S. economy may drop as much as 38%, April 3, 2020 Morgan Stanley Makes Bold Prediction That the Market Low Is In April 7, 2020
Source: BusinessInsider - 🏆 729. / 51 Read more »

Asia stocks set to slip as virus fears resurface; China's industrial production data aheadStocks in Asia were set to decline at the open on Monday as fears resurface over the coronavirus pandemic. So Re: realDonaldTrump MUST WATCH THIS DIRECT PATIENT CARE NURSE EXPOSING NEW YORK CITY HOSPITAL COVID19 CORONAVIRUS SCANDAL WE NEED TO LEARN FROM THIS TO OPEN UP THE NATION AGAIN WITHOUT WAITING FOR VACCINE CDCDirector CDCgov WhiteHouse foxnewsalert Quarter one has been a complete washout. The financial results are coming out slowly. The markets are going to crash big time. Expect 40% down from today's level by the first week of July /Last week of June
Source: CNBC - 🏆 12. / 72 Read more »

Asian stocks, oil sell off on second wave fearsAsian markets started the week on the backfoot on Monday while oil prices slipped as fears of a second wave of coronavirus infections in China sent investors scurrying for safe-havens. yo Reuters know who’s especially burdened by fear right now? Interpol Agent O’Smiley, who’s sadly having marriage troubles in this episode of CasinoLizard Art VideoArt FilmNoir Noir Cinema CinemaNoir ArtCanLikeChangeTheWorld Second wave my arse. Stop peddling lies. We are a little over two weeks from Memorial Day and sure enough we are getting a new wave - spikes, surges - whatever you want to call it. This is the overlap period between the first wave and second wave which experts predicted. WearAMask Be safe.
Source: Reuters - 🏆 2. / 97 Read more »