Here’s why stocks just had their best day since 1933: by skleb1234
Crucial quote:
“The current rally should last beyond just a single day,” predicts Adam Crisafulli, founder of Vital Knowledge. “ Markets are deeply oversold and a lot of the most acute pain over the last few days was a function of forced de-leveraging, a process that is nearly complete.” He forecasts that Tuesday’s rally “will probably be enough” to propel the S&P 500 back toward the 2,800 level over the coming days and weeks . He reiterates that getting the $2 trillion fiscal stimulus bill over the finish line in Congress is still the number one priority for investors.Many airline and cruise stocks, which were some of the hardest hit by business shutdowns resulting from the coronavirus, posted major gains on Tuesday.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Progress is why viruses aren't named after locations anymore, experts say'Just because certain terms have been used in the past doesn't make it appropriate now,' one expert said. 'Certainly, there are terms that have been used in the past...that we all recognize have become inaccurate, anachronistic or inappropriate.'
Lire la suite »
Why Now Is A Good Time To Be Your Own Boss—3 Tips To Get StartedA recession is a great time to dream up a way to be your own boss. Here are three tips to get you started.
Lire la suite »
Here’s Why You Should Be Drinking Plenty Of Water During The Coronavirus LockdownDrinking water is healthy for many reasons, but a new study provides one that's especially appropriate during the coronavirus lockdown
Lire la suite »
‘We’re Flying Blind’: Why Testing for Coronavirus Antibodies Will Matter'We’ve built a house of cards [with medical supply chains], and I think this is one of the key reasons that the smart folks on Wall Street are freaking out. We’re seeing this whole house of cards tumble with the epidemic.'
Lire la suite »