It comes as data revealed the U.S. economy, largely shut down by the coronavirus pandemic, ended the longest economic expansion on record.at a seasonally adjusted annual rate of 4.8% in the January-March period as both consumer and business spending fell sharply, the Commerce Department said Wednesday. It marked the first drop in output since early 2014 and the steepest since late 2008, during the depths of the Great Recession.
Investors seemed buoyed as more governments plan to ease anti-virus controls and allow businesses to reopen. The French and Spanish governments announced plans Tuesday to allow restaurants and other businesses to reopen gradually. They followed Italy, which announced similar plans Sunday.
lacadri34 It’s still ya over where it should be
Ignorance has no color.... by, Evon Latrail evonlatrail trending 👏👏👏
I just wish this would mean the end of covid 19🤷🤷🤷🤷
And I sold my Gilead a year ago! 😖
This literally sums up the Market and how it’s literally like 90% detached from reality.
Wait til tommorows weekly unemployment numbers hit
Huh
🤔🤔🤔
Fake Stock Market
Stocks really?!?
Upbeat data?
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.
Source: Forbes - 🏆 394. / 53 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »