In: Finance
Please share your opinion about the US stock market , including: the performance of the stock market in the past several weeks, the factors that influence stock market, relationship of stock market and companies' financial performance, and your forecast of the stock market for the next 2 months.
Momentum stalled as oil prices drifted lower,but accelerated again on the news of positive results from a clinical trial investigating a treatment for covid-19.Stocks continue to climb higher as more states begin the initial phase of reopening their economies and others have annouced target reopening dates.
Stocks recorded a second consecutive week positive returns,with slower growing value stocks again gaining ground against more highly valued growth shares.
The factors that influence stock market:
The first factor is the nature of reopening.The second factor is the public's confidence in resuming their pre-quarantine routines.Rising global optimism worldwide propelled stocks upward.
Company's financial performance is the indicator of the company's stock performance.If the company perform better then the stock will move upward and vice-versa.Market is a group of individual company's stock and if the comapny stock move upward,it result in upward movement of market.
There is fear in all-around in the market due to Covid-19 and slow economy will lead to downward movement of stock market.