Stocks Continue To Rally Amid Hopes That Coronavirus Cases Are Slowing

Stocks continue to rally amid hopes that coronavirus cases are starting to slow by skleb1234

Wall Street is set for another strong start on Tuesday, as stocks continue to rebound and add to the previous session’s gains amid early indications that lockdown measures are starting to slow the spread of the coronavirus pandemic.

Overnight futures indicated that the market would open sharply higher, as the number of new cases in the U.S. has slowed in recent days, adding to investor optimism that the economy can eventually get back on track.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Forbes /  🏆 394. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks rally at the openUS stocks rallied at Monday's open following some encouraging data that showed a slowdown in coronavirus infections in multiple countries. Follow live updates:
Read more »

Stocks Rally, Oil Drops at Start of Challenging WeekThe Dow and S&P 500 rose as investors looked to early signals that lockdowns in the U.S. and Europe were helping slow the spread of the coronavirus pandemic.
Read more »

Analysts continue to upgrade stocks like Tesla and eBay on hopes the rebound is for realNew for subscribers: Analysts continue to upgrade stocks like Tesla and eBay on hopes the rebound is for real Check out CNBCPro and get your first 30 days free.
Read more »

Stocks are set to jump, with Dow futures pointing to a more than 800 point gain“We’re having a bounce on medical issues, not on policy issues, not on technical issues.” Here’s why Allianz’s elerianm says that’s significant.
Read more »

The bullish case for stocks with major averages already up more than 20% from the lowsStocks powered higher Monday, amid a glimmer of hope that coronavirus cases may be getting close to peaking.
Read more »

Stocks Soar, Dow Up 1,600 Points As U.S. Coronavirus Cases Appear To Slow Down“Everyone is just desperate for good pieces of news,” said one market strategist. “It doesn’t necessarily reflect anything fundamental. Nothing’s changed.”
Read more »