Stocks close higher for the first time in three days on stimulus hopes, waning oil concerns

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

U.S. stocks closed sharply higher Wednesday as oil markets stabilized and investors eyed another stimulus package from Congress. The Dow Jones Industrial...

U.S. stocks closed sharply higher Wednesday as oil markets stabilized and investors eyed another stimulus package from Congress. The Dow Jones Industrial Average DJIA, +1.98% closed about 451 points, 2%, higher, near 23,475, while the S&P 500 SPX, +2.29% added about 63 points or 2.3% to close at about 2,799. The NASDAQ Composite Index COMP, +2.80% jumped nearly 3%, 232 points, to close near 8,495.

After several days of sell-offs in the oil market, June WTI futures CLM20, +22.81% rallied about 20% on Wednesday. And shares of Kimberly-Clark Corp. KMB, +2.38% rose about 2% after the consumer staples manufacturer reported earnings and sales that beat estimates. The company, whose products include toilet paper and other personal-care products, has seen a boost from consumer stockpiling during the coronavirus stay-at-home orders.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

USA unemployment to hit 25+ Million tomorrow.... That's worse then 1929

Mother of all DEPRESSIONS is coming....

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks Plunge, Dow Falls 600 Points As Historic Oil Rout Continues And Congress Passes More Small Business Stimulus“All hell is breaking loose in oil markets.” Check this Oil sucks. Corporations are not people. Government favors corporate bailouts over people suffering. 🖕🏻them all.
La source: Forbes - 🏆 394. / 53 Lire la suite »

Oil prices continue to crumble, stocks around the world dropStocks open sharply lower on Wall Street as oil prices continue to collapse. Traders anticipate demand for energy to shrivel because of the widespread business, factory and travel shutdowns related to the coronavirus. President Donald Trump was caught in a lie saying he hasn’t left the White House in months, even though he held campaign rallies in February and March and played golf So tired of winning.... Get That boost you need, Stay on top!!
La source: AP - 🏆 728. / 51 Lire la suite »

Global Stocks Drop as Turmoil Grips Oil MarketS&P 500 futures fell alongside international stocks, after U.S. crude-oil futures plunged below zero for the first time in the latest bout of market turbulence sparked by the global coronavirus pandemic. Damn, buying a barrel of oil is going to cut into my bubblegum money. what's up with the guy in the eyepatch 🤨 I’d love to discuss the fundamentals of this. Most out of ground is sold and hedged. The responsible ones I’ve heard at $58
La source: WSJ - 🏆 98. / 63 Lire la suite »

These 5 low-key tech stocks with appealing dividend yields are profiting from coronavirus-induced uncertaintyOPINION: Consider these low-key tech stocks because they have appealing dividend yields and are profiting from the coronavirus-induced uncertainty.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Asian stocks set to sink after historic U.S. oil routAsia shares were poised to track a Wall Street tumble on Tuesday after U.S. crude futures turned negative for the first time in history, crushed by a spectacular collapse in oil demand as the coronavirus pandemic derails the global economy. Brent is hanging on. WSJ WhiteHouseCEA Nobody trades anymore . .
La source: Reuters - 🏆 2. / 97 Lire la suite »