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The stock market sees a big recovery rally on Tuesday, with the major indexes recouping some losses after three consecutive sessions of declines.
$Nasdaq Composite Index (.IXIC.US)$ fared best out of the major indexes, closing up 2.4%.
$S&P 500 Index (.SPX.US)$ also fared well, notching a gain of 1.8%. It managed to close above the key 50-day moving average.
$Dow Jones Industrial Average (.DJI.US)$ lagged the other major indexes, but still managed to close up more than 550 points as it rose 1.6%.
Indeed it's good news for most of the investors. But why was the market keep running up and down in recent days?
Is there any important news that is responsible for the upward trend?
Or the most significant threat has been eliminated?
Would you comment and tell mooers about your thoughts?
Source:
Dow Jones Surges 560 Points; Biden Hints At Manchin Deal; Airbnb, Travel Stocks Jump
$Nasdaq Composite Index (.IXIC.US)$ fared best out of the major indexes, closing up 2.4%.
$S&P 500 Index (.SPX.US)$ also fared well, notching a gain of 1.8%. It managed to close above the key 50-day moving average.
$Dow Jones Industrial Average (.DJI.US)$ lagged the other major indexes, but still managed to close up more than 550 points as it rose 1.6%.
Indeed it's good news for most of the investors. But why was the market keep running up and down in recent days?
Is there any important news that is responsible for the upward trend?
Or the most significant threat has been eliminated?
Would you comment and tell mooers about your thoughts?
Source:
Dow Jones Surges 560 Points; Biden Hints At Manchin Deal; Airbnb, Travel Stocks Jump
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$iRobot (IRBT.US)$ This stock finally came to life.Caught up to its fair value in one day.
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$Advanced Micro Devices (AMD.US)$ execs selling stock and no news means the merger is going to happen soon.
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$DBS Group Holdings (D05.SG)$
when US announce start raising interest rate, bank stock will go up.
when US announce start raising interest rate, bank stock will go up.
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$Palantir (PLTR.US)$ The stock closed at 18.80 tonight, and it can be considered a garbage fighter jet...
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