Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, April 17, 2020. Shares have advanced in Asia after China's economic growth data, while bleak, was better than expected.
The S&P 500 rose 75.01 points to 2,874.56. The Dow Jones Industrial Average jumped 704.81, or 3%, to 24,242.49, and the Nasdaq added 117.78, or 1.4%, to 8,650.14. “Just having that light at the end of the tunnel is what people really want to see,” said J.J. Kinahan, chief market strategist at TD Ameritrade.
In a sign of a bit less caution in the market, Treasury yields ticked higher but remain extremely low. The yield on the 10-year Treasury rose to 0.64% from 0.61% late Thursday, though it remains well below the 1.90% level it was near at the start of the year. Bond yields drop when their prices rise, and investors tend to buy Treasurys when they’re worried about the economy.
Certifiable insanity.
A more accurate headline would read, “Stocks across the globe rise in response to gains in US market.” Hacks.
Largest disconnect between stock market and what is really going on ever. A correction is coming.
The worst the news the better the stock market.....
HeyTammyBruce and you have to show to Wet Market customers for your post?
HeyTammyBruce My stocks - with the exception of those I can't control - have been performing at 9%. I am a conservative investor.
None of this is real, it’s a game they play off of our labor and debt. It’s all make believe.
Crazy, going up on expectations
The feds bought a bunch of junk debt from corporations. This put the risk on the American taxpayer and took it off of the corporations. So naturally their stock is worth more money. It is all smoke and mirrors. 4 trillion dollars of smoke and mirrors.
Rich r happy 2 see their covid-19 death cull plan going as planned!
it’s the only reason Trump is pushing his OUAA (😂). he will brag about it in his propaganda speech.
Political stockmarkets have very short Not to say No legs.
Stocks 👏🏻 don't 👏🏻 matter 👏🏻 to 👏🏻 most 👏🏻 people 👏🏻
its all fake numbers, the feds are just playing with the numbers to attract morons to buy in now, so they can sell off next week
Meanwhile 22 mil Americans file for unemployment. Pretty sure we know who holds all the money.
The most 'rational' people and some of the smartest people in the world are responsible for Stock Market moves The Markets are typically four to six months ahead of watch is actually happening today
Perfectly normal
US stocks behave independently of Employment, GDP, & Income TrumpLiedThousandsDied
So again proving that the stock market is totally disconnected from what’s really happening in 95% of Americans daily life.
Evidence that stock values are a very poor measure of the state of the economy.
Let's work on not putting our fingers in our mouth during a pandemic, next. OK?
Simple speculation! The market is acting as erratically as Donnie.
How nice for them. Unemployment is about to be at 20%.
it's delusional trading...
Celebrating 1000+ dead 💀 in New York today.
How does the stock market work again, when the world is sinking into a global economic recession but stock markets are going up?
The buildup before the grab.....
So we don't have to go to work and stocks will still go up?
Trump will tweet to claim credits
Whee, line go up
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