Well, that was an exciting week, wasn’t it? We saw the markets make record swings, both in absolute point measure and relative percentages, and both up and down, as investors shifted between panic selling and buying the dip. The week ended on an up note, with the S&P 500 gaining 9% after President Trump’s declaration of a national emergency as well as Federal initiatives to combat the coronavirus and provide economic support. Markets found additional support from the Federal Reserve, which announced a $37 billion bond purchase to inject liquidity into the economy. Oil prices also stabilized on Friday, as …read more
Source:: Yahoo Finance
