Posted on 06/08/2020 11:42:59 AM PDT by knighthawk
President Trump has said it's a 'big day for the stock market' after the Dow Jones Industrial Average rose more than 250 points and American Airlines announced stocks have doubled in the past month.
The market saw a boost Friday when the government said that employers added 2.5 million jobs to their payrolls last month, when economists were expecting to see 8 million more lost.
As more major cities in the US, such as New York and Las Vegas, began to reopen, the Dow was up 263 points, or 1%, at 27,374, as of 9.45am Eastern time on Monday.
(Excerpt) Read more at dailymail.co.uk ...
The Lockdown is Over!
Back to Work!
Even in California people are saying the hell with it and the stores are opening back up.
That’s the one silver lining from the riots, people figure if they can riot, they can open up.
Up 321 now.
“Even in California people are saying the hell with it and the stores are opening back up.”
How can they open up when they’ve been boarded up and looted? In Hollywood stores look like downtown Havana with all the plywood..
Asses up, back to work!
DOW back above Mar 10th; next bench mark is to get back above February’s high.
I thought I bought DAL at the bottom at about $22 until Warren Buffet opened his big mouth. Oh well, I have to hold it a year anyway.
Libs and FR financial doomsday club deeply saddened.
If the governor or mayors try to get the police to crack down on such stores, I sure hope the police look the other way, or find themselves too busy with other incidents 24/7.
The Dow has recovered nearly all its losses. That is very very impressive considering how low it sunk.
Further proof of the market’s confidence that Trump will win.
No way the market rockets up like that if the markets thought AOC, Omar , Tlaib and the rest of the Dem crazy mob will be running things in 6 months.
I also think the fact the riots took Covid-19 out of the news, there is a sense we’ll get back to normal now much sooner than it was feared.
The Left will spin it Trump, with blood on his hands, celebrates billions in profits made off the murders of black people in 3..2..1
Blood on Cuomo The Nursing Home Killer’s hands you mean.
We had a protest march last Thursday here in South San Francisco. Merchants boarded up all their windows in anticipation of the march from City Hall to a police station a few blocks from us. Only less than 200 people showed up for the protest, and merchants were pleased there was no riot. People are more conservative here than in SF where stores were looted. Yep, open the stores!
Yup.
The turnaround in the jobs market has been nothing short of astonishing.
And most states were not even fully open in May . With big states like California, New York, New Jersey and Michigan not even open at all in May.
Imagine what the June jobs figures will be like.
California is a large state. There are a many areas ready to open back up and are.
DJIA +461 COB 6/8/2020
“people figure if they can riot, they can open up.”
they also figure they can go to church ...
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