Phoenix Group Holdings Share Price (PHNX)

US STOCKS-Dow wraps up strongest three days since 1931
Thu, 26th Mar 2020 20:22Thomson Reuters
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* Weekly jobless claims rise to record 3.28 mln

* Airlines surge on $58 bln industry aid package

* S&P 500 set for third straight session of gains

* Indexes: Dow +6.38%, S&P 500 +6.24%, Nasdaq +5.60%
(Updates to close)

By Noel Randewich

March 26 (Reuters) - The Dow Jones Industrial Average
wrapped up its strongest three days in nine decades on Thursday
as record weekly U.S. jobless claims came in below investors'
worst fears and the focus stayed on an unprecedented $2 trillion
stimulus awaiting approval by the U.S. House of Representatives.

The Dow was up 21% from its Monday low, establishing it in a
bull market, according to a widely used definition. It was the
Dow's strongest three-day percentage increase since 1931.

NEW YORK/LONDON, March 26 (Reuters) - A Wall Street rally
powered global gains in stocks on Thursday despite a record
number of new unemployment filings in the United States, as
traders focused on the unanimous passage of a $2 trillion
coronavirus relief bill in the U.S. Senate and the possibility
that there is more stimulus to come.

USA markets are moving like there is no problem, maybe !!!
Dow 30 22,201.27 +1000.72 +4.72%
28 2
S&P 500 2,577.78 +102.22 +4.13%
462 37
Nasdaq 100 7,717.16 +247.54 +3.31%
95 7
Nasdaq 7,645.18 +260.89 +3.53%
1939 372
NYSE Composite 10,337.05 +375.66 +3.77%

looks like the advice to buy was right and bottom was 460p ,nice up we go
Phoenix Group Holdings
PHNX
663.30 GBX
+41.10 (6.61%)

Shane Balkham, chief investment officer at Beaufort Investment, commented: "Unlike other pandemics such as swine flu, Covid-19 is the first to exist in the age of social media, where information and opinion is always readily available. This is a major contributor to the high volatility we are currently seeing in global markets.

"There is yet to be a market drop without a subsequent rally so, with equities currently at a major discount, it may be worth considering topping up these positions. Yesterday saw one of the most meteoric rises in markets in investing history. This isn't necessarily an indicator of things to come, but is notable as investors respond to firmer fiscal firepower from national governments."