The Dow Jones Industrial Average was up 1.3%, over 350 points, on Friday, while the S&P 500 rose 1.6% and the tech-heavy Nasdaq Composite gained 2.3%.
With only three days of trading left in September, all three major averages are on track to post their first monthly losses since March, when the stock market hit a low point in the midst of coronavirus shutdowns. Big Tech stocks, which have been the main source of the market’s sell-off in September, recovered somewhat on Friday: Shares of Apple rose more than 3%, while Amazon, Microsoft, Netflix and Facebook were up over 2%.from Barclays analysts, who said it was time to buy cruise stocks again: Royal Caribbean Cruises was up nearly 8%, Carnival over 9% and Norwegian Cruise Line over 13%.
Ongoing uncertainty over the next round of fiscal stimulus from Congress, however, continued to weigh on market sentiment: Lawmakers have been stuck in a stalemate for months over the size and provisions of the next coronavirus relief package.worth around $2.4 trillion that they could vote on as soon as next week if an agreement is not reached with Republicans .
Curious about what the stockmarket is, how it works and what stocks are? When does it rise and fall? What are bull and bear markets? What underlies a market crash? 👇
skleb1234 The Little Comfort Mankind has here on Earth will Vanish after RAPTURE; just Prepare in Holiness for Safety in HEAVEN. 인류가 이 땅에서 누리는 약간의 안락함은 휴거 이후에 사라져버릴 것입니다; 천국에서의 안전함을 위해 거룩함으로 그저 준비하십시오.
skleb1234 It doesn’t matter how much money you injected to this economy we are done nothing can save us for the inflation and next year would be worst!!!!!
skleb1234 Get me a job. I'll do it well.
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