The poor performance of the economic figures released by the US recently had just little effect on the market sentiment last Friday. President Trump announced the guidelines for reopening the economy, which boosted the market sentiment, and the good news from “Remdesivir” developed by US pharmaceutical companies also boosted the hopes on a potential coronavirus treatment, supporting the three major Wall Street indexes all rose, with the Dow rose nearly 3%. View more

The initial jobless claims in the United States dropped to 5.245 million for the last week, but the figures still slightly more than expected, showing that it may be a deep economic slump caused by the coronavirus outbreak. The analysis generally believes that the figures will remain at the high level in the coming weeks. US stocks indexes fell at the opening due to the investor fears. However, US President Trump announced guidelines for reopening the US economy, stimulating the market sentiment again. The Wall Street three major indexes recovered the loss and closed slightly higher, which the "strong" Nasdaq rose 1.66%. View more

A series of poor economic figures released by the United States has triggered the investor fears about the global economic situation. The risk aversion returned on Wednesday, and the greenback jumped to near 100 level, causing that the three major Wall Street indexes all fell by more than 1%, with the S&P 500 falling by more than 2%. View more

On Tuesday (April 14), optimism continued as the market was expecting the US will soon reopen the economy, and the coronavirus outbreak in Europe showed signs of easing. The news boosted the investor confidence, driving the Wall Street three major indexes all rose, of which the Nasdaq continued to rise strongly by nearly 4%, a four consecutive trading days rally. View more

Before the Easter holiday, the financial market sentiment improved, as the Fed announced another $2.3 trillion economic stimulus plan, coupled with the expectation that OPEC+ could reach the production cut agreement, supporting Wall Street to further test the recent highs. However, after the holiday, optimism faded again. The Dow fell more than 1% on Monday (April 13), but the Nasdaq rose for three consecutive trading days. View more

On Wednesday (April 8), market sentiment was lifted again due to the supportive news. Investors become active to move back into risky assets. Wall Street ’s three major indexes rose, of which the Dow and S&P 500 rose more than 3%. The overall market trend is choppy, mostly dominated by the sentiment. The White House health advisor Fauci said on Wednesday that the US coronavirus outbreak situation should be improved next week, and President Trump also pointed out that the reopen of US economy will only be faster. Also, the announcement of Sanders ’withdrawal eliminated some uncertainties. All those news turned the market to be more bullish. View more

On Tuesday (April 7), risk appetite once dominated the financial market. However, investors worried about OPEC+ meeting this week regarding the production cut. The uncertainty triggered risk aversion, and the Wall Street's three major indexes fell from the top at Tuesday’s opening, which the Dow once rose more than 900 points. Eventually, the three major indexes all closed slightly lower. View more

On Monday (April 6), the market sentiment improved significantly, as the data shows that the trend of the pandemic in Europe and the US is slowing down, boosting the investor confidence. Risky assets were benefited due to the risk appetite, and the three Wall Street indexes all rose 7%. At the beginning of Monday's opening, US President Trump said that seeing signs of the coronavirus outbreak in the United States has begun to level off. Market sentiment turned much better and the stock markets in the Asia-Pacific region were generally good. The uptrend was finally maintained in the US trading session. View more

Last Friday (April 3), the non-farm payroll in US was far worse than the market expectations, further confirming that the US job market has been severely hit by the global pandemic. The market sentiment once again became bearish. The three major Wall Street indexes all fell more than 1.5%. Oil prices rebounded further, the financial market got a slight boost earlier on Friday. However, the global pandemic of new coronavirus has not been under controlled, and the number of confirmed cases and deaths continue to soar, increasing investors ’worries. View more

On Thursday (April 2), the employment figure released by the United States scared investors, but then a positive news from the oil market boosted market confidence. Investors is expecting a truce in the price war between Saudi Arabia and Russia. The three major Wall Street indexes were still up, which the Dow and S&P both gained more than 2%, under the fears of new coronavirus pandemic. View more