The stock market bounced back today from yesterday's massive coronavirus sell-off by skleb1234
that the coronavirus sell-off will be a great opportunity for long-term investors, just like in the 1987 Black Monday market crash. “Amid all the gloom, a key difference from 2008-09 is that the financial system – the lifeblood of the economy – is still relatively healthy,” says Lewis Alexander, chief U.S. economist at Nomura.
during Thursday’s market sell-off. Warren Buffett’s Berkshire Hathaway and Jack Ma’s Alibaba both lost around $40 billion in market value.“Stocks are rebounding in the U.S. and Europe after the absolute bloodbath session on Thursday,” according to Vital Knowledge founder Adam Crisafulli. “This doesn’t feel like anything more than an oversold bounce, although there were a bunch of response measures unveiled in the last 12 hours that are helping to stabilize sentiment.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stocks bounce back after entering bear marketThe stock market's roller coaster week continues as investors continue to worry about the coronavirus outbreak. Go here for the latest updates on the Dow, S&P 500, companies and more.
Leer más »
Stocks may be due for a near-term bounce after worst day since 1987, trader saysThe U.S. stock market appears primed for upside that could last longer than recent bounces, says Miller Tabak chief market strategist Matt Maley.
Leer más »
European stocks bounce after ECB comment and ban on short selling of Italian and Spanish equitiesEuropean stocks were in the green on Friday, on the heels of the historic losing day, as the European Central Bank said it would support markets and several exchanges banned short selling of hard-hit Spanish and Italian equities.
Leer más »
Trump Defends Travel Ban, Says Stock Market Will Bounce BackPresident Trump is defending the new restrictions on travelers from most parts of Europe — a decision that has sent stock markets reeling and been questioned by some public health experts.
Leer más »
With stocks selling off as rapidly as 1987, some analysts wonder if they can bounce as fast tooAnalysts are comparing the stock market's swift selloff to the crash of 1987 because both markets reached bear market territory quickly.
Leer más »
China looks to bounce back from virus, but its recovery will likely be hurt by surging global casesChina has seen a drastic decline in the number of cases — from hundreds of cases per day in February, to less than 50 each day this week.
Leer más »