5 things to know before the stock market opens Thursday

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Dow futures rise as Wall Street seems to be more focused on the benefits of states starting to reopen their economies than surging jobless claims.

to proceed with phase 2 of its testing of a possible coronavirus vaccine. Moderna is finalizing the protocol for phase 3, which is expected to begin in early summer.3.05 million more Americans filed for first-time unemployment benefits last week, which would bring the rolling coronavirus seven-week total to more than 33 million. The Labor Department is set to release its latest weekly data at 8:30 a.m. ET, one hour before the stock market opens.

Agency scientists were told the guidance "would never see the light of day," a CDC official told the AP. The White House has been aiming to closely control the release of guidance and information during the pandemic.The nation's largest health insurer

 

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Dow futures flat as stock market braces for private-sector report from ADP that could show 20 million jobs losses in AprilU.S. stock-index futures on Wednesday see lackluster early action in thin trade as investors braced for an update on private-sector employment from ADP for April and react to corporate quarterly updates from some of the nation’s largest companies which are mostly swooning from the effects of the COVID-19 pandemic. Haha it doesn't matter. When they announce unemployment numbers stocks go down 1-2% and they forget the other day and invest more.
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Dow futures climb 160 points ahead of another dismal jobless claims, and a parade of Fed speakers, earningsU.S. stock-index futures trade slightly higher early Thursday, as investors ready for another dismal report another sobering weekly jobless claims and a host of speakers on the Federal Reserve that might offer more insights about the state of a rapidly deteriorating economy due to national procedures in place to avert a deeper crisis from the COVID-19 pandemic. Guess we’re seeing who the real “takers” are Millions more unemployed? Bullish
La source: MarketWatch - 🏆 3. / 97 Lire la suite »