Dow Jones Market News 

The Dow Won’t Stop Rallying Because Wall Street Is Impervious to Pain

The Dow Jones scored its third straight daily gain on Thursday. Awful economic data releases continue to create no headwinds for a buoyant U.S. stock market. Dow bulls are banking on a big third quarter, with little margin for error. Dow bulls ignored another wave of titanic unemployment claims and a downward revision to U.S. Q1 GDP on Thursday. Stock market momentum continues to defy an extremely precarious economic situation in the United States, and all three of Wall Street’s major indices rallied in unison. The Dow rose 53.38 points…

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Anthony Fauci Donald Trump Dow Jones Market News 

Here’s Why the Dow Jones Failed to Rally on Trump’s Afternoon Surprise

The Dow Jones lurched toward a disappointing session on Friday. Fauci’s call to reopen the U.S. economy in a safe way failed to rally Wall Street. Trump’s surprise press conference turned out to be an utter non-event for the stock market. The Dow Jones dealt bulls a discouraging hand on Friday, and not just because a surprise press conference from President Donald Trump turned out to be a complete dud. Neither Dr. Anthony Fauci’s call to reopen the U.S. economy nor Defense Secretary Mark Esper’s vaccine praise managed to spark…

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Anthony Fauci Coronavirus Donald Trump Dow Jones Market News Op-ed 

Billionaire Investors Aren’t the Only Ones Predicting a Stock Market Crash

Billionaire investors have warned that the stock market is overvalued. A majority of investors believe the next big market move will be down. A second wave of coronavirus cases and stock overvaluation could cause a market crash. A few days ago, billionaire investors warned that the U.S. stock market could crash as stocks are overvalued. Hedge fund manager Stanley Druckenmiller said that risk-reward for equity is the worst he has seen in his career. Markets appear too high with regard to uncertainty and likely bankruptcies looming on the horizon. Druckenmiller…

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Dow Jones Gilead Sciences Market News 

Dow Swings Wildly After Trial ‘Flop’ Ignites Coronavirus Drug Fears

The Dow Jones was knocked from its highs on Thursday after the leading candidate for a coronavirus treatment failed a big test. A strong start to the day saw the stock market initially shrug off another 4 million jobless claims. ING reports that less than half of working-age Americans will have a paycheck next month. A resurgent Dow Jones Industrial Average (DJIA) slammed into a wall on Thursday after Gilead Sciences’ experimental coronavirus treatment drug reportedly “flopped” in its first trial. The Financial Times broke the story, which triggered wild…

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Dow Jones Market News Mike Pompeo white house 

Dow Jones on Edge as Tense China Diplomacy Nears Breaking Point

Dow Jones Industrial Average (DJIA) futures turned negative on Thursday, pointing to a weak open on Wall Street. The White House and US intelligence agencies ramped up attacks on China over the coronavirus epidemic. The conflict threatens to destabilize relations between the two super-powers and impact trade. The U.S. stock market looks set for a nervous open on Thursday as Dow Jones Industrial Average (DJIA) futures swung wildly overnight. Tensions between America and China are reaching boiling point as Secretary of State Mike Pompeo came out swinging last night. He…

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bernie sanders Dow Jones Market News Op-ed 

The Real Reason the Stock Market is Surging – Hint: It’s Not Bernie Sanders

The stock market rallied again today. Many think the surge was caused by Bernie Sanders dropping out of the presidential race. But the market has been rallying for days, based on hopeful news that the COVID-19 pandemic is peaking. Against all odds, the stock market surged ahead yet again today. As unemployment continues to break records, and the housing market threatens to buckle, the stock market is somehow thriving. Bernie announced he’s dropping out of the 2020 race, but that’s not why the stock market is surging. | Source: Twitter…

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Bank of America Dow Jones Market News Opinion 

BoA Strategist Thinks the Stock Market Crash Is Over, But Don’t Celebrate Yet

Bank of America’s top strategist believes the stock market crash is over. A historic relief rally for the Dow Jones has given bulls confidence that the coronavirus panic has peaked. Gloomy GDP forecasts suggest even if the floor is in, upside for the Dow and S&P 500 could be limited at best. After a horrific month on Wall Street, the stock market crash has slowed, with the Dow Jones and S&P 500 rebounding off their lows. One of the investment banking world’s top strategists, Bank of America’s Michael Hartnett, believes…

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Coronavirus Dow Jones Market News Morgan Stanley Op-ed 

The Dow Will Hit 15,000 Before Reaching Bottom – Here’s Why

After the Dow hit bottom on March 23, it rebounded with five days of gains. The Dow has risen despite record jobless claims and other dreadful numbers, but the rally won’t last. The worst is still to come as the Dow could plunge as low as 15,000. For those who think the Dow has already reached a bottom, don’t be so sure. More pain is coming in the stock markets. The Dow Could Plunge As Low As 15,000 According to James McDonald, CEO of Hercules Investments, stocks should have at…

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Dow Jones Market News 

Dow Fizzles as Singapore Ignites Second-Wave Coronavirus Fears

The Dow Jones fell on Friday as Asian nations began to prepare for a second wave of the coronavirus outbreak. Europe’s major economies are in “free fall,” placing significant pressure on the European stock market. The Dow risks a second leg down if the number of new coronavirus cases does not subside. The Dow Jones Industrial Average (DJIA) recovery fizzled on Friday, as fears of a second wave of the coronavirus outbreak intensified in Asia. Even Singapore, which contained the spread of COVID-19 remarkably well, is quietly entering a “pseudo-lockdown.”…

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