Stocks Surge Higher, Dow Jumps More Than 7%
By Breitbart. Stocks soared on Monday as evidence emerged that the lockdowns have effectively slowed down the spread of the coronavirus epidemic and death tolls in hotspots appear to have stopped rising.
The Dow Jones Industrial Average rose 1,627.46 points, a 7.73 percent gain, to 22,679.99. The S&P 500 jumped 7 percent, with all 11 sectors rising. The Nasdaq Composite rose 7.3 percent. The averages ended the day close to their highs for the session, often a signal of growing bullish sentiment.
Boeing shares soared 19.47 percent, the best performing Dow stock. Apple, Visa, and McDonalds shares were all up by more than 10 percent. Proctor & Gamble, the worst-performing Dow stock of the day, was up 2.37 percent. (Read more from “Stocks Surge Higher, Dow Jumps More Than 7%” HERE)
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Dow Jones Futures Drop, as Coronavirus Stock Market Rally Powers Up; 6 Leaders to Watch Include Amazon, Netflix
By Investor’s Business Daily. The Dow Jones futures were sharply lower in Tuesday morning’s trading session, along with S&P 500 futures and Nasdaq futures, giving back a small part of Monday’s big coronavirus stock market surge. Top stocks to watch include Dow Jones leaders Apple (AAPL) and Microsoft (MSFT), FANG stocks Amazon (AMZN), Facebook (FB) and Netflix (NFLX) and Monday’s breakout stock Vertex Pharmaceuticals (VRTX). . .
Late Monday, Dow Jones futures traded 0.8% lower vs. fair value, while S&P 500 futures fell 0.7%. The Nasdaq 100 futures sold off 1.1% vs. fair value ahead of Tuesday’s stock market open.
During Monday’s press briefing, President Trump commented on the current progress of a potential coronavirus treatment. He said, “Currently, ten different therapeutic agents are in active trials and some are looking incredibly successful. But they have to go through a process and it’s going to be a quick process based on what the FDA told me.” (Read more from “Dow Jones Futures Drop, as Coronavirus Stock Market Rally Powers Up; 6 Leaders to Watch Include Amazon, Netflix” HERE)
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