Dow gains 369 points on trader optimism around a COVID-19 treatment
Ed Hyman was named Wall Street's best economist 39 times and called the tech bubble. He outlines 3 market drivers that are aligning for investors looking to capitalize on coronavirus chaos.
"The second-quarter results are set to lay bare the pandemic's impact to a greater extent compared to the previous quarter's figures and this could prove to be one of Wall Street's worst earnings seasons," said Han Tan, a market analyst at FXTM. "It remains to be seen whether market participants have the stomach to digest such despairing numbers.
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