The Stock Market is running out of fuel

    The prevailing stock market condition is being regarded as the worst ever due to the pandemic in the history of trading. Of late, there has been a spectacular display by the U.S stock market, however, it is being anticipated that once the stock market “runs out of gas”, it is bound to crash again. 

    Running out of gas basically means the economy will no longer be supported by fiscal and monetary policies. We have witnessed a similar situation way back in 2007 when the financial markets faced a crisis and a stock market crash.

    Fast facts about the U.S Stocks

    Check these out to know about US Stock Market scenario

      • On Friday, Dow dropped 730 points, which translates to 2.8%, and closed above 25,000 at 25, 015. As compared to its high in June of 25,572, it dropped by 9.3% or 2,557 points.
      • S&P 500 dropped 75 points that translate it to 2.4% on Friday. It closed at 3,009. It dropped 223 points since June from 6.9% or 3,232 points. 
      • The best performer has been NASDAQ and it prevented S&P from sliding back further. Although it slid back too by 374 points that translates to 3.7%, it registered a high in June of 10,131.

    RELATED ARTICLES

    Freight Transportation

    How Can Telematics Data Improve Freight Transportation?

    In the ever-evolving world of logistics and e-commerce, providing customers with a seamless and transparent...
    Sustainability at Your Business Event

    How to Incorporate Sustainability at Your Business Event?

    In the landscape of business events, a seismic shift is underway, with sustainability taking center...
    Dangers of a Disconnected Team

    The Dangers of a Disconnected Team

    Recent years have ushered in significant transformations in the modern workplace. While these changes have...
    Startup Funding

    Mastering Startup Funding: Strategic Tips for Success

    Embarking on the journey to launch your startup is no small feat, laden with many...
    Register a Business Name

    How to Register a Business Name: 5 Quick Steps?

    Many businesses are registered in the US annually. A staggering 5.4 million businesses were registered...
    Marketing in the Digital Age

    10 Psychology Principles for Marketers in the Digital Age

    Marketing is largely psychological, with emotion playing an outsize role in our purchasing decisions. With...
    How To Find the Best FD Interest Rate for Senior Citizens Using an FD Interest Calculator

    How To Find the Best FD Interest Rate for Senior Citizens Using an FD Interest Calculator

    FDs are one of the most preferred investment products for senior citizens as they offer...
    What is a Yoga Swing

    What is a Yoga Swing?

    A yoga swing is a fabric hammock or collection of straps that hold your body...
    healthy habits

    Healthy Habits For Your 20s: A Handbook for Long-Term Health

    Your 20s are a transformative decade, shaping your destiny, health, career, relationships, and overall well-being...
    how to make Studio Ghibli-style images

    How to Make Studio Ghibli-Style Images for Free: Learn Here 

    Studio Ghibli’s signature artwork fashion—lush backgrounds, whimsical characters, and problematic information—has captivated audiences for many...
    well health organic best ways to remove dark spots on face

    Well Health Organic Best Ways to Remove Dark Spots on Face: Natural Ways to Banish Dark Spots

    Well health organic best ways to remove dark spots on face"—that's what when you typed...