Politics Stocks rally to cap off best quarter in decades

00:51  01 july  2020
00:51  01 july  2020 Source:   thehill.com

Earthquake strikes northern Oklahoma after Tulsa Trump rally

  Earthquake strikes northern Oklahoma after Tulsa Trump rally PERRY, Okla. (AP) — A magnitude 4.2 earthquake shook northern Oklahoma on Saturday and was felt in parts of Tulsa as protesters filled the city's downtown streets after President Donald Trump's campaign rally. The U.S. Geological Survey recorded the quake at 10:15 p.m. near Perry, roughly 80 miles west of Tulsa. The National Weather Service in Oklahoma said on Twitter that its staff felt the tremor in its Tulsa office, and the earthquake generated social media buzz after Trump's appearance.It was the largest recorded earthquake in Oklahoma since a magnitude 4.4 quake in May 2019.

The FTSE 100 chalked up its biggest quarterly rise in a decade as investors bet on a rapid rebound from the coronavirus crisis following a massive wave of support from central banks and taxpayers worldwide. London’s blue-chip index rose 8.8pc over the past three months as stocks clawed their

NEW YORK, June 30 (Reuters) - The S&P 500 on Tuesday was poised to close out its best quarter in more than two decades as improving economic data bolstered investor beliefs U.S. stock indexes rally toward best quarter in about 20 years despite warnings from Powell and Mnuchin on economy.

Stocks rallied Tuesday to cap off the best quarter for all three major U.S. indexes in several decades despite months of economic damage and anxiety driven by the coronavirus pandemic.

a horse statue in front of a building: Stocks rally to cap off best quarter in decades © BRYAN R. SMITH/AFP/Getty Images Stocks rally to cap off best quarter in decades

The Dow Jones Industrial Average gained more than 200 points, rising 1 percent Tuesday and nearly 18 percent for the quarter. The second quarter of 2020 was the steepest rise for the Dow since 1987, according to CNBC.

The S&P rose 1.5 percent to end the second quarter with a gain of nearly 20 percent, its best quarter since 1998, according to CNBC, while the Nasdaq posted its best quarter since 1999 with a gain of 30.6 percent over the past three months.

Trump holds rally in front of almost empty stadium - because of a prank by TikTok-Teens

 Trump holds rally in front of almost empty stadium - because of a prank by TikTok-Teens At Donald Trump's rally in Tulsa, the stadium was not nearly full, as the POTUS hoped - because thousands of TikTok users had reserved tickets and deliberately did not appear. © Provided by www.musikexpress.de He probably didn't expect that: Donald Trump held his rally in front of an almost empty stadium on the weekend - because of a prank by TikTok users.

Wall Street wrapped up its best quarter in decades Tuesday. The Standard & Poor’s 500 index jumped 1.5 percent on Tuesday to cap its best quarter since the fourth quarter of 1998 First-time unemployment filings have leveled off . As more drivers took to the roads, the price of oil doubled in

(Reuters) - A stock rebound marked by Wall Street's strongest quarter in more than two decades Globally, MSCI's world equity index (MIWD00000PUS) has rallied to within 10% of its February Last week, the Fed capped bank dividends and barred banks' share repurchases until at least the fourth

After crashing in late February, the stock market has rallied steadily since April even as the U.S. economy attempts to climb out of its deepest downturn since the Great Depression. The unemployment rate stood at 13.3 percent as of May, according to the Labor Department, and more than 40 million Americans have filed new claims for unemployment benefits since the pandemic shut down wide swaths of the U.S. economy.

While the economy appeared to gain ground in May as 2.7 million furloughed workers returned to their jobs, economists have warned that the fragile recovery is threatened by surging COVID-19 cases across the U.S.

"While this bounce-back in economic activity is welcome, it also presents new challenges - notably, the need to keep the virus in check," Federal Reserve Chair Jerome Powell said Tuesday, predicting that a full recovery is "unlikely" until Americans feel comfortable gathering in large numbers and close spaces.

Trump claims a Joe Biden presidency would cause stock gains to 'disintegrate and disappear,' but JPMorgan says it could actually boost the market .
JPMorgan said a Biden White House would be a "neutral to slight positive" for equities, and added a "diplomatic approach" could reduce volatility.On Monday, Trump tweeted that if Biden wins the presidential election in November, stocks and 401ks would "disintegrate and disappear.

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