US stocks wipe out steep losses that followed Trump’s ‘liberation day’

Billiejeens

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US stocks rallied on Friday, wiping out steep losses following Donald Trump’s “liberation day” announcement of steep tariffs a month ago, after data on the labor market exceeded expectations.

The 177,000 jobs added in April, according to the Bureau of Labor Statistics, surpassed the 135,000 predicted by economists polled by Bloomberg.

The S&P 500 jumped as much as 1.2 per cent after Friday’s market open, bringing it above the closing level from April 2, when Trump unveiled his so-called “reciprocal tariffs”.

Wall Street’s benchmark share index had plunged as much as 15 per cent in several days of turbulent trading following the US president’s announcement, triggering tumult across global financial markets.

But global equities have since largely recovered, helped by signs of a possible thaw in trade tensions, including comments by China’s commerce ministry on Friday that Washington had recently expressed “a desire to engage in discussions” on the issue.

“This rally seems to be on the expectation that — with regards to tariffs — the worst has passed,” said Ajay Rajadhyaksha, global chair of research at Barclays.

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BJ -
Shockingly this is not the narrative being reported by the Democrat Media Bubble Cult.
Poor Dems - another narrative bites the dust.
 
US stocks rallied on Friday, wiping out steep losses following Donald Trump’s “liberation day” announcement of steep tariffs a month ago, after data on the labor market exceeded expectations.

The 177,000 jobs added in April, according to the Bureau of Labor Statistics, surpassed the 135,000 predicted by economists polled by Bloomberg.

The S&P 500 jumped as much as 1.2 per cent after Friday’s market open, bringing it above the closing level from April 2, when Trump unveiled his so-called “reciprocal tariffs”.

Wall Street’s benchmark share index had plunged as much as 15 per cent in several days of turbulent trading following the US president’s announcement, triggering tumult across global financial markets.

But global equities have since largely recovered, helped by signs of a possible thaw in trade tensions, including comments by China’s commerce ministry on Friday that Washington had recently expressed “a desire to engage in discussions” on the issue.

“This rally seems to be on the expectation that — with regards to tariffs — the worst has passed,” said Ajay Rajadhyaksha, global chair of research at Barclays.

Read More at -

BJ -
Shockingly this is not the narrative being reported by the Democrat Media Bubble Cult.
Poor Dems - another narrative bites the dust.
This is great news, news that libs definitely don't want to discuss.
 
The job numbers that came out today shows our economy IS in good shape and the stock market supports
this.
Also, there was a decline with the government jobs which shows that there is less government
jobs and more private sector jobs being created. That is a big positive take away from the numbers.
 
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The job numbers that came out today shows our economy IS in good shape and the stock market supports
this.
Also, there was a decline with the government jobs which shows that there is less government
jobs and more private sector jobs. That is a big positive take away from the numbers.
Less government and less government spending is anti-inflationary.

So many people don't even realize that inflation is an aspect of government.
 
The job numbers that came out today shows our economy IS in good shape and the stock market supports
this.
Also, there was a decline with the government jobs which shows that there is less government
jobs and more private sector jobs. That is a big positive take away from the numbers.

Democrats have been taught that what you wrote is bad.

Government jobs do not come with a Capitalist owner that is stealing all the profit from them.
 
US stocks rallied on Friday, wiping out steep losses following Donald Trump’s “liberation day” announcement of steep tariffs a month ago, after data on the labor market exceeded expectations.

The 177,000 jobs added in April, according to the Bureau of Labor Statistics, surpassed the 135,000 predicted by economists polled by Bloomberg.

The S&P 500 jumped as much as 1.2 per cent after Friday’s market open, bringing it above the closing level from April 2, when Trump unveiled his so-called “reciprocal tariffs”.

Wall Street’s benchmark share index had plunged as much as 15 per cent in several days of turbulent trading following the US president’s announcement, triggering tumult across global financial markets.

But global equities have since largely recovered, helped by signs of a possible thaw in trade tensions, including comments by China’s commerce ministry on Friday that Washington had recently expressed “a desire to engage in discussions” on the issue.

“This rally seems to be on the expectation that — with regards to tariffs — the worst has passed,” said Ajay Rajadhyaksha, global chair of research at Barclays.

Read More at -

BJ -
Shockingly this is not the narrative being reported by the Democrat Media Bubble Cult.
Poor Dems - another narrative bites the dust.
Once again Trump wins and the left look like idiots. Wash, rinse, repeat.
 

US stocks wipe out steep losses that followed Trump’s ‘liberation day’​

nope.

1746228175013.webp
 
And the fact of the matter is it wouldn't ******* matter if the DOW was down for another month.

Or quarter.

It would bounce back to epic heights with what we're doing, that's common sense.

But the fact its already rebounding makes this shit so much funnier.

Even Jim Cramer's dumbass is now saying there will be no recession.

Which WOULD make me nervous....except for the fact that he's been droning on and on about the precise opposite for the past month.

Seriously, who the **** are these dipshit zombies who still can't figure out that the "Mainstream" media is always.....ALWAYS....******* WRONG??
 
15th post
Gonna have to be one hell of a day.

But a trade deal announcement might help with that.
It kinda was a hell of a day. And that was just job numbers. The trade deals are coming. There’s no nation out there that’s going to tell the US market to **** off. The Chinese will die in less than a year. It’s already hurting them bad. The only countries that won’t make a fair deal are the worst offenders. And other countries along with bringing back our own manufacturing will easily make up for it.
 
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