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Stock impact report

Stock market live updates: Dow up 2,200 in 2 days, up 28% from low, Carnival surges [CNBC]

The Bank of New York Mellon Corporation (BK) 
Last the bank of new york mellon corporation earnings: 4/16 06:30 am Check Earnings Report
Company Research Source: CNBC
Stock market live updates: Dow up 2,200 in 2 days, up 28% from low, Carnival surgesPublished Tue, Apr 7 2020Updated 8 min agoThomas Franck@tomwfranckMaggie Fitzgerald@mkmfitzgeraldYun Li@YunLi626U.S. stocks jumped again on Tuesday as a 600-point Dow rally led the major indexes toward yet another strong day on Wall Street. A host of positive coronavirus headlines continued to boost investor confidence that the worst of the disease could be nearly over. Here's what's happening:11:40 am: Downside risks still remain despite market bounce, BNY Mellon strategists sayStrategists at BNY Mellon Investment Management said that investors should not feel confident in market rallies until there is a clearer picture of the health situation. "The market has been illogical on both sides … we're going to continue to see swings like this," said Liz Young, BNY's director of market strategy. Alicia Levine, BNY's chief strategist, said the duration of the economic downturn makes a major difference becaus Show less Read more
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