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Netflix only loses 970,000 subscribers in second quarter after warning of loss of 2 million.
Dow rallies more than 700 points in rebound as traders bet that the bottom is in
Stocks rallied Tuesday, with the market resuming a bounce from last month’s lows, as traders bet on strong corporate earnings reports, and wagered that markets have found a bottom.
The Dow Jones Industrial Average jumped 754.44 points, or 2.43%, to 31,827.05 — closing near the highs of the session as gains accelerated in the final hour of trading. The S&P 500 gained 2.76% to 3,936.69. The Nasdaq Composite rose 3.11% to 11,713.15.
‘Crypto Winter Could Be Over’ If Bitcoin’s Price Does This, According to One Expert
If bitcoin’s price stabilizes over the next two weeks, the prolonged crypto bear market — also known as crypto winter — could end as quickly as it started.
That’s according to Edward Moya, senior market analyst at brokerage firm Oanda, who says “Wall Street is enjoying a positive risk-on mood that is good news for cryptos.” He says the crypto market is starting to look “attractive now that the economy is looking a little better as expectations for Fed tightening eased.”
This video was created to help people learn more about trading stocks and or Investing in the stock market.
I suggest stocks weekly to day traders and investors to consider.
DISCLAIMER: I am not a financial advisor. These videos are for educational purposes only. Investing of any kind involves risk. Your investments are solely your responsibility and we do not provide personalized investment advice. It is crucial that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Please consult your financial or tax professional prior to making an investment.
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