Wall Street Heads Toward Fourth Straight Week of Losses

Despite signals of a global economic rebound in the third quarter, the upturn may be losing steam…

Published: September 25, 2020

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Wall Street Heads Toward Fourth Straight Week
of Losses

Global stock markets and U.S. futures dropped this morning, meaning U.S. stocks are well on their way toward a fourth week of consecutive losses. 


In an attempt to kick-start negotiations with the Trump administration, House Democrats claim they're scaling back their proposal for a new stimulus package. However, Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell said providing affordable loans to small businesses and further support to unemployed Americans is the government's highest priority. 


But despite signals of a global economic rebound in the third quarter, the upturn may be losing steam… 


In today's video, I'll discuss whether stocks are oversold or not… current momentum levels for major indices… and two stocks that are bucking the last two-week downturn. 

Get today's market action

Global Markets Mixed in Struggle to Find Direction



September 22, 2020

Global stock markets are mixed this morning. Shares in Europe bounced back as Asian benchmarks continue to decline. 


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Global Shares Rise Despite Concerning Economic Data



September 23, 2020

World stock markets rose this morning as European shares advance despite new information that its recovery is unstable. 

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