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US coronavirus – Hospitalisations in Texas surge, biggest jump in over 2 weeks

COVID-19 developments from the US are still problematic, wave 1 going on and on.

As a further example – more than 1/3 of all coronavirus cases in California since the start of the pandemic have been reported in just the last 14 days
  • and, there are a record number of Californians are being treated in hospitals for the infection
Number of cases can be swept under the carpet (as the deniers are wont to do) with excuses like ‘more tests’, but hospitalisations cannot be disregarded in this way.  Neither can deaths from the infections, now over 120,000.
I posted a warning of these developments over 2 weeks again and since then stocks have had a wobble … but as you can see from today, once again shrugged off. For example:
  • NASDAQ closes at a new all time record level

NASDAQ closes at a new all time record level

Now erases 203 point decline and close higher for the 1st time in 4 days

The major US stock indices are closing the day near highs for the day.

  • The NASDAQ closed at a record high surpassing the previous high of at 10020.35
  • The NASDAQ has closed at a record low for the 20th time in 2020
  • Apple closes at record high
  • Dow industrial average erased a 203 point decline
  • NASDAQ post longest win streak of 2020 (7 trading days)
  • NASDAQ is up around 12% on the year
  • Dow close higher for the 1st time 4 days
The final numbers are showing:
  • S&P index rose 20.45 points or 0.66% at 3118.19
  • NASDAQ index rose 110.35 points or 1.11% at 10056.42
  • Dow industrial average close up 150.81 points or 0.59% at 26024.23
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