• Home
  • Business News
  • Weekly Reviews
  • Market Reports
Sunday, June 8, 2025
  • Login
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
No Result
View All Result
Home Global Markets

Wall street Closed It’s Best Quarter Mixed Amid Concerns on the Coronavirus

Investor Watch by Investor Watch
in Global Markets
Reading Time: 2 mins read
A A
0
Wall street Closed It’s Best Quarter Mixed Amid Concerns on the Coronavirus
Share on FacebookShare on Twitter

U.S Stocks notched their best quarter in decades, as government stimulus and low interest rates helped markets start to recover from the damage of the coronavirus pandemic at the start of the year.

RELATED POSTS

US Stock Market Sinks as Tariff Tensions Overshadow Economic Data

Asian Markets Gain as Yuan Falls to Lowest in 17 Years

US Stock Markets Soar Amid Trump’s Tariff Pause Announcement

The rebound marks an about-face after Wall Street posted its worst period since the 2008 financial crisis when the pandemic battered the global economy in the first three months of the year.

A series of fiscal and monetary stimulus measures from Washington and the Federal Reserve have helped calm financial markets in recent months after policymakers rushed to support the economy from the deepest economic slump since the 1930s. The stock market’s gains come as a staggering 47 million Americans have filed for first time unemployment benefits in just 14 weeks following a wave of layoffs.

“The rebound sparked concerns that the markets have become unmoored from economic reality,” analysts at T. Rowe Price said in a note. “There remains significant uncertainty about the pandemic, which will likely lead to continued market volatility as businesses and consumers adapt to further disruptions in the global economy.”

The Dow Jones industrial average posted its strongest quarter since 1987 after surging 17.8% in the past three months. On Tuesday, the blue-chip average rose 217.08 points, or 0.9%, to 25,812.88.

The Standard & Poor’s 500 soared nearly 20% in the second quarter, its best quarterly gain since 1998. It climbed 1.5% Tuesday to 3,100.29. The Nasdaq Composite rallied 30.6% in the second quarter, its best such period since 1999. The technology-heavy index advanced 1.9% Tuesday to 10,058.76.

The S&P 500 has rallied within about 9% of its February record, bouncing back more than 35% since the March lows.

Buy JNews
ADVERTISEMENT

A recent bout of volatility, however, could threaten the stock market’s rebound as a resurgence in virus cases stoke fears of another round of lockdowns.

Investors have weighed evidence of an economic recovery against a rise in reported coronavirus contagions in some countries and states. Traders are worried about Texas and other states having to roll back their reopening plans as infections surge.

The number of confirmed cases globally is over 10.3 million, and the death toll is more than 505,500. There are more than 2.5 million cases in the U.S. and an excess of 129,000 deaths, according to the Johns Hopkins University data dashboard.

New infections could increase to 100,000 a day if the nation doesn’t get the ongoing surge under control, Dr. Anthony Fauci, the top infectious disease expert at the National Institutes of Health, told Congress Tuesday.

The major risks investors face in the second half of the year include uncertainty around a second wave of the virus, the upcoming U.S. presidential election in November and renewed trade tensions with China, analysts say.

“While the initial stages of lockdown easing have delivered a substantial bounce in activity, the next phase of the transition to normal will be far harder and the speed will be contingent on the number of new COVID-19 cases,” Ben May, director of global macro research at Oxford Economics, said in a note. “The renewed rises in COVID-19 cases in parts of the U.S. is a clear worry.”

Post Views: 901
Tags: Corona Virus PandemicDow Jones Industrial AverageNASDAQOffshore TradingS&P 500 IndexU.S Federal Reserve
Previous Post

Asia – Pacific Stocks Climb on New Signs of Economic Recovery

Next Post

Market Report: July 01, 2020

Investor Watch

Investor Watch

Related Posts

US Stocks market Wallstreet data
Global Markets

US Stock Market Sinks as Tariff Tensions Overshadow Economic Data

by Felix Ochieng
Global Markets Asian markets
Asian Stock Markets

Asian Markets Gain as Yuan Falls to Lowest in 17 Years

by Githere Eddie
Donald Trump US Stock Markets Tarrifs
Global Markets

US Stock Markets Soar Amid Trump’s Tariff Pause Announcement

by Trading Room Reporter
US Stock Markets
Global Markets

US Stock Markets Tumble as Tariff Deadline Looms

by Rennie Odek
Next Post
Morning Note: Traders Nervous as Oil Signals Stability

Market Report: July 01, 2020

Asia traders

Asia Pacific Stocks Rise Amid Coronavirus Vaccine Hopes

Dow Jones

S&P, Nasdaq Close Higher on vaccine Hopes & Improving Economic Data

Advertisement Banner Advertisement Banner Advertisement Banner
ADVERTISEMENT

Most Viewed Posts

  • Tea Farmers Set to Receive Kes 28 Billion as Final Bonus Payment (4,120)
  • 4 Things You Can Do With the Cashlet App to Achieve Your Financial Goals (2,212)
  • Hilda Njeru Takes over at CDSC (2,082)
  • Safaricom Finally Launches eSIM: Here’s What You Need to Know (1,935)
  • KenGen Gets Nod to Sell 4 Million Tonnes of Carbon Credits (1,817)

Follow Twitter

About Us

Follow Us

Popular Tag

Africa Asian - Pacific Stocks Asian Stock Markets Australian Stocks Bitcoin Bonds Kenya Bonds Trading in Kenya Brent Brent Crude Capital Markets Authority Central Bank of Kenya Corona Virus Pandemic Crude Oil Cryptocurrencies Derivatives NSE Derivatives Trading in Kenya Dow Jones Industrial Average Ethereum European Stock Markets Global Economy Global Markets Hang Seng Index Investing in Kenya Investor Briefing Jakarta Stock Exchange Kenya Economy Kospi index MSCI Index Nairobi Securities Exchange NASDAQ New York Stock Exchange Nikkei N225 NSE Oil Futures S&P 500 Index Safaricom Plc Shanghai Composite Shenzhen component spotlight Stock Market Report Stock Market Review U.S. Stock markets US oil Wall Street WTI Oil Index

Recent News

Part of the delegates who participated in the 2025 Tanzania – Uganda Trade and Investment roadshow, during a site visit to GALCO LIMITED, a member of GSM Group Of Companies, in Dar es Salaam.

Equity Group Leads Trade and Investment Mission to Uganda and Tanzania

HF Group Plc CEO Robert Kibaara

Opinion: HF Group Delivering Transformation and Strategic Growth

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 The Trading Room Limited.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
TSLA 
$295.14  3.67%  
GME 
$29.58  0.44%  
MSFT 
$470.38  0.58%  
AAPL 
$203.92  1.64%  
AMC 
$3.40  0.00%  
ABNB 
$140.64  2.44%  
GOOGL 
$173.68  3.25%  
AMZN 
$213.57  2.72%  
No Result
View All Result
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports

© 2025 The Trading Room Limited.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?