Across the Board Rebound


Across the board rally with DJIA +1173 points were the second thousands points day after big drop last week. Yesterday, Fed lowered interest rate by 0.5% is one factor. The other factor is 8.3 billions funds are provided by US congress to help on dealing with Corona virus diseases. Healthcare sector (XLV) scored +5.8%. United Healthcare (UNH) reached +10% gain.

All sectors participated the rebound. But overall volumes are still on lower side compared to last week. Therefore, this rally may not be able to last very long.

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