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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsStock futures tumble as fears of virus resurgence flare
Stock futures opened lower Sunday evening as daily coronavirus case counts rose by records in some states.
The early moves for futures extended declines from last weeks choppy equity trading sessions. The S&P 500 and Dow dipped at the end of last week but held onto weekly advances after Apple said it was closing retail stores in states where Covid-19 cases were spiking anew.
A number of states continued to struggle this weekend with rising coronavirus cases as businesses reopen, with states across the South, West and Midwest hit especially hard. California on Sunday reported a record 4,515 new cases in a 24-hour period, marking the highest so far in one day for the state during the pandemic. Cases in Florida rose by a single-day record of 4,049 based on Saturdays tally, and cases on Sunday increased by another 3,494.
States including Arizona, Nevada, Missouri, South Carolina, Montana and Utah also saw cases rise by one-day records this weekend, stoking concerns of a broad-based resurgence in the pandemic that could threaten to stunt the nations reopening process.
https://finance.yahoo.com/news/stock-market-news-live-june-22-2020-222006226.html
You winning Trump style.
spanone
(135,884 posts)Demsrule86
(68,696 posts)spanone
(135,884 posts)Demsrule86
(68,696 posts)Also some articles
sfstaxprep
(9,998 posts)The market is a joke.
SunSeeker
(51,726 posts)Hoyt
(54,770 posts)trump. Futures are up a bit right now, not that that means much.
captain queeg
(10,250 posts)You know trump will do anything to buoy the stock market. Its just like a casino for the rich.
Remember when you were in grade school and were taught about capitalism? Those little charts showing companies making money, investing in improvements and higher pay for workers? The propaganda started early.
former9thward
(32,082 posts)So it would be also be Democrats trying to "buoy the stock market."
The market is not a casino. Just the opposite. The longer you stay in a casino the greater the chance you will lose money. The longer you stay in the market you will gain money. The market is a reflection of the country and as the country becomes more wealthy the market rises. That has been its history for 130 years.