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21.05.2020 DOW JONES Daily Analysis

The dow is up 369.04 points and but had a pretty volatile pre-market session.The reason for this is that the race to find the covid-19 vaccine is

Yazar: editor_1

Yayınlanma: 21 Mayıs 2020 18:05

Güncellenme: 7 Kasım 2024 14:55

21.05.2020 DOW JONES Daily Analysis

The dow is up 369.04 points and but had a pretty volatile pre-market session. The reason for this is that the race to find the covid-19 vaccine is picking up the pace and more and more companies try to figure out the best way o deal with the covid pandemic. So far there are more than 100 projects to find the vaccine and so far this week the Dow is 4% up. However other factors are also in play, especially with the unemployment issue. It's come to light that 1 out of every 5 Americans might be out of work and this really spells trouble for the market. For the remainder of this week, the Dow is gonna have to put up a spirited fight to maintain the winning streak.
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