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Wall Street powers through the first half of 2021 with U.S. stocks at record highs

edited June 30 in Other Investing
https://www.washingtonpost.com/business/2021/06/30/stock-markets-today-june-2021/

*Wall Street powers through the first half of 2021 with U.S. stocks at record highs
The Dow, S&P 500 and Nasdaq are up by double digits this year, as investors pushed past inflation and rate hike fears*


We are hoping for 2nd best half

Comments

  • edited June 30
    … with investors defying pessimistic projections .. and pushing past concerns of rising inflation and potential rate hikes. The Dow Jones industrial average advanced more than 210.22 points …The S&P 500 … chalked up its 34th record finish of the year. The tech-heavy Nasdaq dropped 24.38 points.

    “A day earlier, the S&P 500 and the Nasdaq set all-time highs,highlighting Wall Street’s optimism for economic recovery —reinvigorated by widespread vaccinations, businesses ramping up operations and consumers eager to spend …

    “Kristina Hooper, the chief global market strategist at Invesco, emphasized the dramatic changes … which have help (sic) fuel an economic comeback. Wall Street also has been bolstered by significant spending from Congress and aggressive monetary policy …


    Good write-up for those who like their financial news served hot.

    Strong Verbs “Weak verbs can tell your reader what’s happening, but only strong verbs can catapult them right into the action.”


    Does the WP have a stockpile of negatively connotative verbs stored somewhere for those occasional bad market days?

    Maybe something like this:

    Stunned traders raced for the exits as major indexes plunged more than 20% in the first few minutes of frantic trading Friday. Bloodied, but determined, one shocked investor vowed to “go all in”, even as as his legs began to tremble and panic permeated the air …

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