As long as that continues to be positive, it’s possible investors will continue to buy stocks. Crude prices jumped 5% this morning, possibly getting some assistance from Saudi Arabia and some neighboring countries saying they’ll cut production even further. With earnings in a lull and data not really too exciting this week, maybe stocks could find themselves in a holding pattern. So is the stock market, and that’s not necessarily a bad thing for investors who positioned themselves to ride this particular wave. Basically, if you can use it to work or get other things done from home, it was up to start the week.

Source: Forbes May 12, 2020 13:18 UTC