23.04.2020 DOW JONES Daily Analysis

23.04.2020 DOW JONES Daily Analysis

  The Dow closed at 23,475.82  (+1.99%)  generating gains amounting to  456.94 in points in what was a general market improvement. Tuesday saw the US stock market close in red after oil prices turned negative for the first time in history. However further developments in the US pose a risk to the state of affairs. Some disgruntled citizens are getting tired of the stay-safe procedures and want the lockdown to be ended. Now protests are erupting in different places. The state of Florida was the first to ease the lockdown and now Governor Kemp from the State of Georgia also followed suit. The only problem with this is that if the second wave of infections start it could be catastrophic both to the economy and the nation since a vaccine hasn't been found yet. The Dow is dangling on a thin wire at this point. Hopefully, better measures will be put in place.