Apple marked its worst day since March, with shares down by more than 7 percent. Amazon, Salesforce, Alphabet and Microsoft all had declines in the 5 percent range.from its platform for the week leading up to Election Day, Nov. 3, and that it would remove posts that seek to suppress or discourage voting."So far, what I've seen is a perfectly natural, healthy pullback in a bull market.
Market watchers were parsing a variety of economic metrics, including Thursday's weekly jobless claims data, which beat analysts' expectations, revealing thatduring the last week of August. While the number is the lowest weekly total since the pandemic began, it is still four times the pre-pandemic figure. Continuing claims indicate that 13.3 million people are still filing for ongoing benefits.
Data from the Commerce Department also showed that the U.S. trade deficit soared to $63.6 billion in July, the highest level in 12 years. The Congressional Budget Office said Wednesday that the federal debt is expected to outpace the country's gross domestic product by the end of 2021. After the slew of disappointing data, investors now turn their focus to Friday's all-important monthly jobs report, released by the Bureau of Labor Statistics. Economists predict that the national unemployment rate will fall into the single digits for the first time since February, declining from 10.2 percent to around 9.8 percent.
The market has went straight up for nearly two weeks. It's called taking profits.
Anyone that invests in the stock market would be extremely smart not to listen to anything this network reports. They're not capable of doing investigative reporting therefore their conclusion is inaccurate or at best a lucky guess.
The inverted 'V' recovery. Who will he blame this time?
What’s Joe’s plan?
So we have a national Covid plan? I blinked a few minutes ago so maybe I missed it. firetrump
well no shit. This is what happens when the President is a moron who'd rather golf than deal with a global pandemic. President Hillary Clinton would have had this licked by July. Hell, so would have President Ted Cruz, Marco Rubio, and Bernie Sanders.
The Markets go up The Markets go down You do know that, right? It will not effect realDonaldTrump 2nd Term. Guarantee it.
Global Economy down to dust bowl and hard to come back soon! It takes years and might not be back in economy as past. US is worst in Covid-19 country in cases as death toll today 190K, obvious economy on months shutdown down and down! So shutdown lifting economy growing!
And so it begins... ETTD
And you listened to Orangeman’s bulls..t about a V shaped recovery. Hahahahaha. Not going to happen until Biden gets elected and leads us out of this pandemic. Hey Kushyass, we’re still waiting for that miracle July recovery. Uh, it’s SEPTEMBER Kushyass.
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