Stocks plunge again

The

is showing no signs of easing, as the coronavirus crisis saps demand and producers run out of places to store all their excess barrels of crude., falling below $0 Monday to $-37.63 a barrel. That's the lowest level since NYMEX opened oil futures trading in 1983. The selloff can be attributed in part to market mechanics. The May futures contract for West Texas Intermediate, the US benchmark, is about to expire. Most investors are already focusing on the June contract, thinning out trading volume and feeding volatility, UBS analyst Giovanni Staunovo said.

The June futures contract for WTI is trading around $22 per barrel, but that's still sharply lower on the day. Brent crude futures, the global benchmark, fell 8% Monday to $25.81 per barrel. The extreme pressure on the WTI contract for May highlights ongoing concerns about the supply and demand dynamics plaguing the oil market.

Fake News.Haba!

Time to buy....

LaceyVoteDem It was just a matter of time.

Stop watching the stocks the Chinese knew you would be doing that, we are very predictable. Who do you think are telling Americans to go to back to work. Not the Russians. The senate is full of Chinese spies. Americans love money 💰 easily bribed. Hence Chaos.

The officials and staff of the Wuhan Virus Research Institute often sell wild animals for high prices to the South China Seafood Market, and then the officials share money from it . Then animals with virus was sold to the South China seafood market for sale

The Wuhan Virus Research Institute is studying a virus and takes this opportunity to get wildlife from officials of Chinese Communist Party for conducting virus tests, and the management of the Wuhan Virus Research Institute is very chaotic

The owner of the seafood market often sends money and various gifts to the former Wuhan municipal government and provincial government officials to help and cover up illegal selling wildlife

many wild animals in the South China Seafood Market are obtained from officials of Chinese Communist Party and businessmen

so the Communist Party of China still shield it even if it causes countless deaths and injuries to the Chinese people and people around the world. Officials from all over China often collude with businessmen to do Illegal wildlife trading and sales, they share loots

reveal how the Wuhan Virus Research Institute caused and led to COVID-19: The Wuhan Virus Research Institute belongs to an official research institute of the Communist Party of China

All this oil talk makes me wonder, if you like explode 1 dynamite near the oil on those oil mines, would the whole thing instantly explode or slowly burn down?

Yaaaawn.

I bought 151 shares and woke up with 6. How is that legal

CNN prayer ... Pls God destroy the US so we can blame Trump

Don’t be surprised if Trump goes to extraordinary lengths to try to prop up the stock market, regardless of whether it is best for the health of all Americans

Trump wants to pump money into oil industry to rescue workers while not doing enough for the thousands in bread lines.

Canada Canada Latest News, Canada Canada Headlines

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

These beaten-down stocks should be big gainers, but investors aren’t in a bargain-hunting moodThese beaten-down stocks should be big gainers, but investors aren’t in a bargain-hunting mood, says mktwhulbert MktwHulbert Next month dow will be like this so sell and run .
Source: MarketWatch - 🏆 3. / 97 Read more »

Crude costs money again after shock crash, stocks stay in doldrumsU.S. crude oil bounced back into positive territory on Tuesday, but a historic plunge below zero rattled investors and triggered the steepest drop in Asian stock markets in a month. America seems to be losing its grip on the word.
Source: Reuters - 🏆 2. / 97 Read more »

Wall Street retreats as crude slump batters energy stocksA slide in energy stocks weighed on Wall Street on Monday as crude prices crashed at the start of a week packed with quarterly earnings reports and economic data likely to underline the damage from the coronavirus outbreak.
Source: Reuters - 🏆 2. / 97 Read more »

U.S. Stocks Drop After Last Week’s RallyU.S. stocks slid as investors remain at odds on the extent of the economic damage stemming from the coronavirus pandemic and how quickly businesses will recover. Meanwhile in the UK an answer to the child that will ask 'What did you do to protect me from this global dictatorship 30 day count down clock ⏰ should be activated! Fed buying junk bonds Don't be afraid Oil prices will hit bottom The economy is starting to move in June and July
Source: WSJ - 🏆 98. / 63 Read more »

Coronavirus Hasn’t Diminished Allure of Big Tech StocksBig technology stocks such as Netflix and Amazon are again charging to new heights and propelling the broader stock market, which is swiftly rebounding after a punishing selloff. Even chicken noodle soup has an expiration date, eh KeithMcCullough?
Source: WSJ - 🏆 98. / 63 Read more »

Global Stocks Muted as Earnings Season Picks Up SteamWorld shares held steady at the start of a week in which a slew of corporate earnings reports will help investors gauge the early financial effects of the coronavirus pandemic. boycott china Oy vey... I'll be interested in seeing the next quarter.
Source: WSJ - 🏆 98. / 63 Read more »