Stocks surged at the open, one day after posting their worst day since the Oct. 1987 crash. The Dow Jones Industrial Average jumped 1,238 points, for a gain of 5.8%. The S&P 500 rose 5.2%, while the Nasdaq Composite jumped 5.7%.
The bears who thought that a U.S. market crash was coming have retreated as the markets recover slightly from Thursday’s onslaught. Further interventions by both the U.S. Government and the FED are also coming through.
Airlines are seeing a heavy reduction in the number of customers that patronize them, leading to a crash in their stocks.
Inovio stock has been swung significantly in the last 24 hours after rising on news of a new grant and plunging on news of its poor Q4 report.
After a terrible market crash on Thursday, Dow futures and a few others, are starting to slowly correct some of the losses they incurred.
Apple and Microsoft have lost around $400 billion each during the latest market sell-off over the last month. Analysts weigh in suggesting Microsoft a better buy over Apple at this stage.
As the whole markets come crashing down, Tesla stock price tanked 11.62% on Tuesday closing at $560 levels. With the Tesla production taking a massive hit, analysts are slashing the target for its stock price.
After the emergency travel ban that was imposed by President Donald Trump on most European countries, the airlines stocks have plunged nearly 10%-15%.
Uber (UBER) stock price is at $23.54 which is a 10.29% decline since trading started. Lyft (LYFT) stock price is at $25.29. This is an 12.82% decline since trading hours began as well.
Amazon stock has not responded favorably to the company’s announcement of a $25 million coronavirus fund that it set up for employees.
PrimeXBT is a good choice for traders seeking diversification thanks to the low fee structure that rewards those who take positions more frequently, or across many asset types.
European stocks have crashed after U.S. President Donald Trump imposed a ban on travel from several countries in Europe. Travel volume has also plunged.
Dow futures drop 1100 points because Donald Trump didn’t manage to convince investors that coronavirus is not as dangerous as they feel. Market goes red again.
Boeing seems to be fragile at the moment, a great number of 737 Max orders are canceled. BA stock is falling.
Despite a fall of Tesla (TSLA) stock by 1.72% on Wednesday and by 7.88% in the premarket today, the company is now ranked highest-valued U.S. industrial company after overtaking Boeing.