Over the past month, the stock market has faced many ups and downs, and this week is no exception. To recap, The stock market crashed again on Monday, despite the Federal Reserve's substantial commitment to buy assets. Then on Tuesday, indications out of the Senate that $ 2 trillion stimulus bill was nearing adoption pushed the market up. So the Dow Jones Industrial Average climbed 2113 points. Other indexes also rose well.
Read MoreThe stock market, which had its worst week since the financial crisis of the year 2008 and was facing its most challenging month since the Great Depression of the year 1931, Started this week with stock selling off again. The recent weakening of the stock market came as the Senate failed to pass a $2 trillion stimulus package bill. Then on Monday, after further negotiations, Signs emerged that the secretary of the Treasury and the Senate minority leader had apparently got close to an agreement.
Read MoreGlobal and US stock markets continue to be under intense sales pressure, unprecedented since the financial crisis of the year 2008. Investors' fears worsened, and confidence eroded due to the Coronavirus pandemic and its rapid spread in the US. And the largest cities in the country have been subjected to "social distancing," as ordered. Nonessential workers have also been urged to stay at home and avoid any rally, especially in California and New York, which will surely hurt the US economy in the coming months. The growing recession and massive government aids have discouraged the investor community, with the VIX index, known as the "fear gauge," rising sharply.
Read MoreUS equity futures hit limit down after Congress fails to agree on a $1.6 trillion stimulus package The US stock futures and the Asian market collapsed on Monday after the number of confirmed Coronavirus cases in the world exceeded 300,000, and The US $ 1.6 billion stimulus package has faced political restrictions.
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Read MoreThe US dollar surged on the Forex as the Dow Jones Index rose more than 800 points. The Dow Jones stock index rose 5.20% to 21,237 points last night. The S&P 500 index rose 6% to 2529 points, and the Nasdaq index jumped 6.23% to 7334 points. The situation in the global financial markets is rapidly changing, and this has caused investors to disagree on asset pricing. In the crude oil market, the market remains volatile. The crude oil price has recently fallen to its lowest level since the year 2003.
Read MoreUS stock futures have risen, and demand for the Japanese yen has fallen. But there is still no news of the return of calm to the market. Yesterday was the worst trading day for the US stock market. The decline in US stock indices has been unprecedented since the year 1987. The Dow Jones stock index fell 12.93%, the S&P 500 index fell 11.98%, and the NASDAQ index fell 12.32%. At present, US stock indices have fallen by almost 30% from their recent highs.
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