rtmark
LearnBonds.com

The Stock Market Is Seeing A Quick Rebound After Monday’s Drops

stock market

While we know that the stock market had fallen the past few days thanks to the trade war between the United States and China, it seems that things have recovered a bit. In fact, we’re seeing a strong rebound in U.S. stocks, in general, Tuesday since China was able to stabilize its local currency.

According to Investing.com, United States stocks jumped up 40% of the numbers it fell on Monday, also known as the worst “one-day losses” of 2019.

More specifically, the S&P 500 went down 3% on Monday and went up 1.33% Tuesday in terms of day trading price. From there, the Dow Jones Industrial Average dropped 767 points on Monday and went back up over 1.22%. Finally, the Nasdaq Composite grew 1.39% on Tuesday after a drop of 3.5% on Monday.

Things changed at first because the Chinese yuan was going to trade at 7 to the US dollar, reports the publication. This is partly because United States President Donald Trump said he would place 10% tariffs on imports from the country of China come September 1st.

Related: Check out our guide on how to invest in stocks to participate in the stock market!

Despite this, out of the 30 stocks on the Dow market, 24 of them went up. This is in pairing with 87 of the 100 stocks going into the Nasdaq 100, with an overall growth of 1.4%. According to the publication, all of these stocks were negative on Monday.

Technology stocks were the big winners, with Apple, Microsoft, Facebook, and Alphabet on the up. From here, stocks including but not limited to Nike and Ulta went up as well, alongside other traditional consumer-area stocks.

Energy and materials stocks didn’t recover as much, however. Investing says that oil prices dropped, with West Texas Intermediate’s materials falling 1.94% to $53.63 a barrel. This lead to an 8.45% stock drop in August. Chemical stocks hit a 52-week low as well, with U.S. Steel and Alcoa dropping too.

All of these drops were somewhat predicted, but we don’t know how long they’ll recover for, or if these highs will stay.

Click here to learn more about stock brokers and stock trading.

Trusted & Regulated Stock & CFD Brokers

Rating

What we like

  • 0% Fees on Stocks
  • 5000+ Stocks, ETFs and other Markets
  • Accepts Paypal Deposits

Min Deposit

$200

Charge per Trade

Zero Commission

Rating

64 traders signed up today

Visit Now

75% of investors lose money when trading CFDs.

Available Assets

  • Total Number of Stocks & Shares5000+
  • US Stocks
  • German Stocks
  • UK Stocks
  • European
  • ETF Stocks
  • IPO
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 Zero Commission
  • NASDAQ Zero Commission
  • DAX Zero Commission
  • Facebook Zero Commission
  • Alphabet Zero Commission
  • Tesla Zero Commission
  • Apple Zero Commission
  • Microsoft Zero Commission

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
  • Paypall
  • Skrill
  • Neteller

Rating

What we like

  • Sign up today and get $5 free
  • Fractals Available
  • Paypal Available

Min Deposit

$0

Charge per Trade

$1 to $9 PCM

Rating

Visit Now

Investing in financial markets carries risk, you have the potential to lose your total investment.

Available Assets

  • Total Number of Shares999
  • US Stocks
  • German Stocks
  • UK Stocks
  • European Stocks
  • EFTs
  • IPOs
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 $1 - $9 per month
  • NASDAQ $1 - $9 per month
  • DAX $1 - $9 per month
  • Facebook $1 - $9 per month
  • Alphabet $1 - $9 per month
  • Telsa $1 - $9 per month
  • Apple $1 - $9 per month
  • Microsoft $1 - $9 per month

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
Users should remember that all trading carries risks and users should only invest in regulated firms. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.
Max Moeller

Cryptocurrency and games writer. Looking to the future by studying how these two industries can blend. LinkedIn: https://www.linkedin.com/in/maxwell-moeller-912044b4/