Dow surges 780 points on COVID-19 recovery efforts as oil prices spike | Markets Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Dow surges 780 points as oil prices rebound. Investors continue to buy risk assets amid hopes of coronavirus cases slowing throughout the US.

Morgan Stanley handpicks the 18 best US stocks to buy now while they're cheap to enjoy profits for years to come

"The difference between now and the start of the pandemic is that we can at least see the end," Brad McMillan, chief investment officer at Commonwealth Financial Network, told Business Insider."We can see that we have flattened the curve, and we can reasonably project when the pandemic will be brought under control. We are not at that point yet, but at least we can see it."spiked 12% at intraday highs as investors continued to monitor developments in a price-war truce.

 

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

S&P is 19% off the high and +25% off the low. Entering a bull market while every businesses in the country are bleeding money is truly an amazing achievement.

This is ridiculous beyond stupid. The only way to maintain a low infection rate is to maintain social distancing -- meaning no big 'business opening'. Until there is a vaccine this MUST BE the new normal. So why are stocks going WAY up?

Does coronavirus cases slowing = recovery of economic activity? That's the million dollar question.

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:

 /  🏆 729. in US

United States Latest News, United States Headlines

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

Covid-19 Could Bring Generic Drug Manufacturing Back to the U.S., Analyst WritesSVB Leerink analyst Ami Fadia says the pandemic could bring some relief to beaten-down generic-drug companies.
Source: MarketWatch - 🏆 3. / 97 Read more »

US Customs and Border Protection confirms 160 COVID-19 cases among officers, agentsThe majority of the COVID-19 cases among CBP employees, 113, are at the country's coastal cities, especially in the New York City metro area, the current epicenter of the epidemic in the U.S. Lockdown now!! Please!! 🙏🏻🙏🏻 Bashar ( the president of Syria ) killed about one million innocent people and raped thousands of girls and destroyed thousands of citizens houses . Coronavirus killed less than 100,000 around the world . America and Europe are hypocrites
Source: USATODAY - 🏆 100. / 63 Read more »

These 34 U.S. Lawmakers have Tested Positive For COVID-19A running tracker of all the state and federal U.S. politicians who have tested positive for COVID-19 That looks like fox mulder. I’m surprised they haven’t taken Azithromycin and hydrochloroquine as Dr. Trump suggested works. They probably had a run in with scully. I mean the harry potter lady
Source: Forbes - 🏆 394. / 53 Read more »

U.S. Surpasses 10,000 COVID-19 DeathsThe U.S. also has the most recorded coronavirus cases in the world. China unleashed the WuhanVirus on the world. China is responsible and liable for the outbreak. 😷 According to an estimate by the Centers for Disease Control and Prevention (CDC), there were approximately 45 million cases of the flu in the United States during the 2017-2018 influenza season, resulting in an estimated 810,000 flu-hospitalizations and an 61,000 flu deaths. All those people 😭 UGH I hate it here
Source: Forbes - 🏆 394. / 53 Read more »

Private labs do 85 percent of U.S. COVID-19 tests but face backlogsChallenges brought on by the coronavirus that face private labs include difficulty increasing capacity and delays in test results that can top a week — especially in hard-hit areas like New York and South Florida. POR 'ENVIDIA' TRUMP QUIERE MATAR A MADURO,CORONAVIRUS USA PAÍS 'CAPITALISTA' 12 MIL MUERTES,VENEZUELA PAÍS SOCIALISTA 7 MUERTES BY 'ENVY' TRUMP WANTS TO KILL MATURE, CORONAVIRUS USA COUNTRY 'CAPITALIST' 12 THOUSAND DEATHS, VENEZUELA SOCIALIST COUNTRY 7 DEATHS
Source: NBCNews - 🏆 10. / 86 Read more »

U.S. sees deadliest day in COVID-19 pandemicThe U.S. registers nearly 2,000 coronavirus deaths in its deadliest day since the outbreak began. The virus has now killed 12,849 people in the U.S. as of early Wednesday. They had corona, but they didn't die FROM it CDC counts ALL who died with the virus NOT because of it. Death toll is much lower
Source: NBCNews - 🏆 10. / 86 Read more »