Stock market live updates: Stocks fall 3%, oil carnage continues, IBM drops 6%

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

“We are looking at a tough next two months coming forward,” one expert says, as the historic plunge in oil prices continues. Follow along with the latest stock market updates here:

8:56 am: Schumer says he believes Senate will pass small business bill Tuesdayhe believes the Senate will pass an additional relief bill for small businesses later in the day.

He said he spoke "well past midnight" with House Speaker Nancy Pelosi, White House chief of staff Mark Meadows and Treasury Secretary Steven Mnuchin, and that they "came to an agreement on just about every issue." The government has been under pressure to replenish a fund allocated to small businesses as part of a Paycheck Protection Program program created by the $2.2 trillion relief bill. Those funds, which totaled $349 billion, ran out last week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Oil industry is fucked for years, not months

GetVidBot

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stock futures fall ahead of another big week for corporate earningsUS stock futures fell Sunday evening, indicating that the market may not continue its rally from last week. Duh! It fell.58% Because conservative dipshits went out and acted like fools.
Source: CNN - 🏆 4. / 95 Read more »

The Winner-Takes-All Stock Market RallyLarger companies have outperformed their smaller peers on equity markets this year, including in the latest bounce. Small-cap stocks will struggle to close the gap. This is not news. I saw the data on my iPhone one month ago.
Source: WSJ - 🏆 98. / 63 Read more »

This food stock is one to watch as earnings season kicks into high gear, traders sayThis food stock is one to watch as earnings season kicks into high gear, traders say (via TradingNation) TradingNation Manipulating the stock market during a Pandemic is a very American thing to do TradingNation All those folks serving food should be wearing masks or something similar regardless of viruses , just for proper hygiene . Imagine one of them getting a phone call and peppering your order with that special ingredient .
Source: CNBC - 🏆 12. / 72 Read more »