lundi 30 mars 2015
Boom! The Dow surged more than 260 points
Posted on 13:36 by nice news
Remember all those worries about earnings and the economy that caused a big slump on Wall Street last week?
Yup, investors have forgotten all that. The market is back in rally mode. The Dow rose more than 260 points Monday, or 1.5%. The S&P 500 and Nasdaq both rose more than 1% as well. Here are three reasons why it was something that Susanna Hoffs would call "just another manic Monday."
1. The Fed is going to take things slow. Federal Reserve chair Janet Yellen got traders in a festive mood late Friday.
In a speech released just 15 minutes before the market closed, Yellen made it painstakingly clear that she does not think the United States economy is anywhere close to its full potential.
She said that the economy should be "booming" if things were back to normal and that there was "some way to go" before the labor market was back to full employment.
Related: Janet Yellen says U.S. economy is not good enough yet
Yup, investors have forgotten all that. The market is back in rally mode. The Dow rose more than 260 points Monday, or 1.5%. The S&P 500 and Nasdaq both rose more than 1% as well. Here are three reasons why it was something that Susanna Hoffs would call "just another manic Monday."
1. The Fed is going to take things slow. Federal Reserve chair Janet Yellen got traders in a festive mood late Friday.
In a speech released just 15 minutes before the market closed, Yellen made it painstakingly clear that she does not think the United States economy is anywhere close to its full potential.
She said that the economy should be "booming" if things were back to normal and that there was "some way to go" before the labor market was back to full employment.
Related: Janet Yellen says U.S. economy is not good enough yet
Boom! The Dow surged more than 260 points
Categories: Boom! The Dow surged more than 260 points
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