Here's what happened to the stock market on Wednesday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Stocks jumped after Sen. Bernie Sanders dropped out of the presidential race while the outlook on the coronavirus improved.

advanced 2.58% to 8,090.90. Stocks jumped after Sen. Bernie Sanders dropped out of the presidential race, relieving some of Wall Street's political concerns amid the economic crisis stemming from the coronavirus.Sanders made his announcement in late-morning trading.

Some of Sanders' policy proposals, including Medicare for All, raised concern among several business owners and investors who feared taxes would go up under his presidency. Meanwhile, Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, told Fox News on Wednesday that the U.S. death count related to the coronavirus is now lower than initially thought, noting there should be a turnaround after this week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Every time New York has a massive coronavirus daily death toll the Dow Jones has a fantastic day rise . Strange correlation

What is happening is exactly what happens all the times!! People who out of fear of missing out give their ladt pennies to smarter ones who realize the main recession still is on the way!!! Lots of people still think this will come back like a V!!

An increasing death count is good news? Things are getting worse, not better. Without mass testing, all these numbers and percentages that are being portrayed is just pure manipulation. Infection numbers. go down when testing is limited !

Stop listening to Cramer. He’s pushing stocks that are clearly over-rating and national security risks, like ZOOM. Zoom is crap. I’ve tried to use it. MSFT Teams is stable and works well. Enough of this Zoom crap.

ارى هدا المخلوق لا اعرف لما

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:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's what happened to the stock market on TuesdayStocks were rising on hopes the number of new virus cases may be abating, but the rally lost steam late in the day. 👇🏻👇🏼👇👇🏽👇🏾👇🏿
Source: CNBC - 🏆 12. / 72 Read more »