Stocks closed little changed on Tuesday, but the numbers themselves disguise the action in the session. The Dow swung nearly 985 points from its high to low, before closing 26 points lower. Investors cheered positive coronavirus headlines and some of the sectors that have been hit the hardest since the pandemic began — such as airlines and cruise lines — moved sharply higher. But by the final hour of trading sentiment shifted and stocks gave back their gains.
Given Monday's rally, the major averages are all still up more than 6% for the holiday-shortened week.
Sell the rally. China still not back to normal. Who wants to go to a restaurant and have your meal/utensils wrapped in plastic? If things in China are better, why would they have visitors quarantined for 14 days? A: To discourage outsiders from seeing what's really going on.
As long as Individual One remains in office, every day is volatile and filled with chaos.
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