Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Wall Street jumps as hopes for easing lockdown offset earnings worry

Published 04/14/2020, 06:16 AM
Updated 04/14/2020, 04:21 PM
© Reuters. The "Fearless Girl" sculpture is seen outside The New York Stock Exchange building in New York City
US500
-
DJI
-
JPM
-
CSGN
-
AAPL
-
WFC
-
JNJ
-
TSLA
-
IXIC
-

NEW YORK (Reuters) - U.S. stocks jumped on Tuesday as optimism that the Trump administration could move to ease lockdowns from the coronavirus overshadowed worrying earnings reports from JPMorgan (NYSE:JPM) and Wells Fargo (NYSE:WFC).

The Dow Jones Industrial Average (DJI) rose 560.43 points, or 2.4%, to 23,951.2, the S&P 500 (SPX) gained 84.12 points, or 3.05%, to 2,845.75 and the Nasdaq Composite (IXIC) added 323.32 points, or 3.95%, to 8,515.74.

Latest comments

What do you mean "Trump administration could move to ease lockdowns"? Of course he WILL. There is no COULD about it. I really don't think it will mean anything when he does, but who cares what it means. It will be open and the market will be back to all time highs before you know it.
the market reacts normal. these are relief rallys and big investors will sell their shares in the way up. I think however, that within one month we will test new lows.
I can not belive my eyes. Everything is falling apart. No jobs, no economy, low earnings, IMF lowered forcasts and compared this situation with worst recession since the 1930, people dying all over the world like roaches, covid19 infection is incedribly high, if You get infected You are not even immune on covid, no vakcine, oil down even with cut...etc. etc.. but stock rise skyrocket. Yeah right. Thank You Trump that means we are reach and immune to all news
This is proof of meddling. The stock market has always been fake in my opinion. In 2008, I owned shares of companies that disappeared from the exchanges altogether, nothing for me when the assets dissolved. I call it virtual ownership of a chance. The people behind it are some real low lifes who wouldn’t be able to change a flat tire and would be so impatient when it happens that they would consider suicide.
There are other ways to make money that are respectable, honest, and sure.
We "earn" it ?
china rules the world. sibal
How could that be when China does not have a friend in the world? Big time losers if you ask me.
Anyone who believes the Chinese data is living a lie. I have dealt directly with China for years and there is absolutely no way their inport / export data is correct. You can tell by the shipping data that China numbers are bogus. And if China’s claims that the coronavirus is beaten, then they are lying about that as well or have some kind of vaccine they are not telling the world about as there is absolutely no way a country that size eradicated such an infectious disease in the short amount of time it was supposely beaten without some type of cure.
its obvious they are covering. but what can the world do???
I dealt with chinese also I don't believe they beaten covid at all with 1 billion people. Yeah right.
Clinton tied the knot with the CCP and after 20 years of tolerated assault it can finally be untied. Let’s give Russia a chance! Would that be OK with the democrats?
so it's data from China, I thought we all agreed it is the fed. lol
China - FED ... Same thing.
when China data is really bad then they say it is priced in or temporary..
You are referencing, “data from china,” that is hilarious !
hahah
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.