Dow Futures Surge As Re-Opening Moves in Major Global Economies Offset US-China Tensions

The Street ^ | May 26, 2020 | Martin Baccardax

[John W]

Wall Street futures surged higher Tuesday as markets shrugged off concerns over U.S.-China tensions and looked to improving coronavirus infection data, as well as the re-opening of major economies around the world.

With all 50 U.S. states now operating under some form of lockdown easing, and countries from Japan to the United Kingdom lifting stay-at-home orders and allowing stores and small business to re-open, investors are betting that the worst of the pandemic, which has taken nearly 350,000 lives around the world, has passed.

U.S.-China tensions remain simmering, however, and White House National Security Adviser Robert O'Brien warned over the weekend that Beijing's attempt to impose new security restrictions on Hong Kong could result in sanctions from Washington is not far from the foreground in terms of market risk.

[yldstrk]

Good, let’s get back on track.

[central_va]

GloBULL Business as usual? I don’t think so. We need tariffs, then after that more tariffs.

[SkyPilot]

With all 50 U.S. states now operating under some form of lockdown easing

You could have fooled me.

What "easing"?

The slave masks are mandatory for tens of millions of Americans.

Restaurants and businesses are being burdened with illegal regulations that will make profitability an impossibility.

The Deep State and the globalists will never allow a return to normal until we submit to their chains.

[SkyPilot]

Yup, freedom is just breakout out all over the place, huh?

Attorney General Keith Ellison announced Sunday night that his office has sued a Minnesota restaurant owner who planned to reopen for business Monday. Kris Schiffler, owner of Shady’s Bar and Grill, planned on reopening his six locations for dine-in business Monday, two weeks earlier than the June 1 reopening date set by the state. He told one local outlet that he received a call from Ellison’s office Friday threatening $25,000 in fines per location, which would amount to $150,000 in total. Ellison’s office said it will continue to investigate other bars, restaurants, and taverns that threaten to “illegally reopen for on-premises consumption.”

[Conserv]

When Nasdaq hits 9600, it will be at its prepandemic level.