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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDJIA up nearly 800 points
https://www.marketwatch.com/investing/index/djiaIt started up nearly 900 points, but is already giving up some of the gains.
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DJIA up nearly 800 points (Original Post)
TexasTowelie
Mar 2020
OP
Wounded Bear
(58,648 posts)1. Not surprising...dead cat bounce...nt
duforsure
(11,885 posts)2. Trumps bullied others
To try and prop it back up for him, but like W Bush did, it will fail badly. We're headed for a trump recession no matter how much bs and propaganda he puts out, and it's all from his doing.
spanone
(135,831 posts)13. Went after the federal reserve and democrats/Pelosi. He does nothing to calm the markets.
The WORSE.
TexasTowelie
(112,161 posts)3. Now up 650.
That bounce didn't last long.
smb
(3,471 posts)4. Biden Bounce 2, Electric Boogaloo
The markets are reacting to the absence of any last-minute developments that cast doubt on Biden effectively wrapping up the nomination. I expect a somewhat larger bounce tomorrow when the results are actually in.
TexasTowelie
(112,161 posts)5. Trump's proposal to cut the payroll tax may also be providing a boost.
We don't really need Social Security or Medicare, do we?
Maeve
(42,282 posts)6. Found this quote on another thread
A Tuesday rebound would not be unusual Bespoke Investment Group strategists found that in the 10 previous times since 1952 that the S&P 500 fell 5% or more on a Monday, the index has gained the following day, by an average of 4.2%.
https://www.marketwatch.com/story/after-a-brutal-day-stock-futures-gain-after-trump-floats-cuts-to-payroll-taxes-2020-03-09?mod=home-page
VMA131Marine
(4,139 posts)7. Up around 400 at 11am
Not convinced this little rally will last the day.
ProfessorGAC
(65,013 posts)8. Even Flat Is Bad News
With interest on feds near nothing, and a low inflation economy, investors will see flat as bad after the hits over the past week.
Better than more tanking, but only a pinch.
panader0
(25,816 posts)9. 174 now.
Liberal In Texas
(13,550 posts)10. That didn't last long...Down about 70.
malaise
(268,976 posts)11. −157.94
Hmmmmmmmmmmmmmm
PCIntern
(25,543 posts)12. "Goodnight,Fuck". nt