‘Dead-Cat Bounce’: A Morbid Metaphor for a Brief Market Rally - News Summed Up

‘Dead-Cat Bounce’: A Morbid Metaphor for a Brief Market Rally


It’s been a volatile week for the stock markets. On Monday, the Dow Jones Industrial Average and the other major indexes posted their biggest drop in months, fueled by fears over a tariff war between the U.S. and China. But since then, stocks have climbed, offsetting the earlier losses. “Was this a dead-cat bounce?” asked Jim Giaquinto of Zacks Investment Research after the markets brightened on Tuesday. “We’ll find out soon enough.”...


Source: Wall Street Journal May 17, 2019 16:52 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */