NY to ZH – the daily reporting from New York at the start of the US stock exchange.
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Presented by Swissquote
The pre-IPO friendly Wall Street has to do with psychology and a short-term oversold stock market. The news environment is mostly negative by midweek, with sluggish quarterly figures and disappointing reports on the possible corona vaccine from AstraZeneca. Even if we get a technical bounce, the final bottom shouldn’t be quite reached yet.