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Dow futures rise 180 points as optimism grows over the reopening of the economy
CNBC.com ^ | June 3, 2020 | Fred Imbert & Maggie Fitzgerald

Posted on 06/03/2020 4:52:44 AM PDT by John W

U.S. stock futures rose in early trading on Wednesday as markets continued to rally on optimism over economies emerging from coronavirus-led shutdowns.

The S&P 500 is up 1% so far in June, bringing its gain from its pandemic low in March to more than 40%. 

(Excerpt) Read more at apple.news ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: covid19stockmarket; dja; stockmarket

1 posted on 06/03/2020 4:52:44 AM PDT by John W
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To: John W

Excellent...any opinions on tickers, SAVE and CTRE? I am pondering these as value investments.


2 posted on 06/03/2020 4:58:22 AM PDT by CincyRichieRich (Be still, and know that I am God...Psalm 46:10)
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To: John W

Nahh, can’t be that. It’s gotta be the poll results showing Joe Biden is up 10 points nationwide and that Trump’s reelection chances are zero.

https://www.usatoday.com/story/news/politics/elections/2020/06/01/election-2020-joe-biden-widens-lead-over-trump-10-points-poll/5307014002/


3 posted on 06/03/2020 5:00:00 AM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: John W
CNN is crying that the markets are broken. They can't get the economic collapse they want:

Click here for "Markets are Broken" story.

CNN has joined the insurrection in attempting to ruin the country economically in order to facilitate a takeover. Can they be charged with sedition or treason and shut down?

4 posted on 06/03/2020 5:01:21 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: John W
The market is betting on this rioting and looting killing the Dems chances in November and Trump winning in a landslide.

The market doesn't concern itself with small businesses like restaurants and barbershops and the like because as long as the demand is there (and it is there in spades), new ones will pop up.

That's the law of the jungle.

5 posted on 06/03/2020 5:15:23 AM PDT by RoosterRedux
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To: John W

The last thing that those who desperately want to stop President Trump and the exposure of truth want is for the economy to roar back in time for the November Presidential Election.


6 posted on 06/03/2020 5:19:34 AM PDT by Savage Beast (President Trump, praying for guidance, giving his salary to charity, is on the Side of the Angels.)
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To: RoosterRedux

Actually, Wall Street money is pouring into the Biden campaign. Dems talk about getting Wall Street but they are just demagoging for votes. They are easily bought.


7 posted on 06/03/2020 5:38:29 AM PDT by Fido969 (In!)
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To: Fido969
Wall Street is not the market. Wall Street is the term used for broker-dealers/underwriters/traders around the country.

The "market" is that body of institutions and individuals who own, buy, sell stock and other related securities/instruments.

8 posted on 06/03/2020 5:48:03 AM PDT by RoosterRedux
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To: John W

I think Durham is close to bringing some degree of pain to the Obama administration. After Barry showed his head two weeks ago the “resistance” picked the next ginned up incident to start the deflection. The media sponsored riots have ruined the media sponsored flu panic and lockdown. In a roundabout way Obama has freed us from the flu tyranny.


9 posted on 06/03/2020 5:52:34 AM PDT by hardspunned (MAGA, now more than ever)
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To: MeneMeneTekelUpharsin

Can you imagine how maddening it must be for the left? After 6 months of impeachment, baseless flu panic and insurrection in the streets, they still haven’t laid a glove on Trump.


10 posted on 06/03/2020 5:55:46 AM PDT by hardspunned (MAGA, now more than ever)
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To: John W

I’d be cashing out of my insurance stock if I had any.


11 posted on 06/03/2020 6:18:08 AM PDT by VTenigma (The Democrat party is the party of the mathematically challenged)
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To: John W

Stock Market up 40% since 3-23-20


12 posted on 06/03/2020 6:28:22 AM PDT by RonnG (')
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To: All

Starting out up over 200.


13 posted on 06/03/2020 6:35:09 AM PDT by John W (Trump/Pence 2020)
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Comment #14 Removed by Moderator

To: John W

The Democrats pulled this stunt too early, just as they did with impeachment and the Covid hysteria.


15 posted on 06/03/2020 7:26:35 AM PDT by Jeff Chandler (Black Businesses Matter)
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To: John W

The democrats will try to keep Americans locked down.
Force mask wearing on all but themselves.
Arrest people going to a lake or park but allow rioters free rein while not practicing social distancing. At least they are wearing a mask....


16 posted on 06/03/2020 7:37:21 AM PDT by minnesota_bound (homeless guy. He just has more money....He the master will plant more cotton for the democrat party)
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To: RoosterRedux
The market is betting on this rioting and looting killing the Dems chances in November and Trump winning in a landslide.

The market is betting on Jerome Powell and the Fed borrowing money into existence in perpetuity to buy up all bad debt, no matter how much the underlying entity deserves to fail and be wiped out.

17 posted on 06/03/2020 7:57:17 AM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Mr. Jeeves

If Trump were to lose in November, this economy will collapse, Fed or no Fed.


18 posted on 06/03/2020 10:27:23 AM PDT by RoosterRedux
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