Stock market live updates: Dow up 250, another 4.4 million jobless claims, oil jumps 25%

People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease , at an Arkansas Workforce Center in Fayetteville, Arkansas, April 6, 2020.Stocks rose for a second day even after data showed another 4.4 million Americans filed for jobless claims last week amid coronavirus shutdowns. Still, major equity averages are on track for modest weekly losses due to a steep sell-off earlier this week triggered by an unprecedented oil rout.

the government support for companies during the crisis will probably lead to a permanent change for capitalism . He also said that taxes have to go up regardless of who wins the upcoming presidential election."When the government is called upon to protect you on the downside, they have every right to regulate you on the upside," Cooperman said. — PoundGoldman Sachs has the new highest price target for Amazon on Wall Street

. The bank's analysts hiked their target to $2,900 per share, up from $2,600. The analysts said in a note to clients that the market is not pricing in the increased demand across its major business units. The stock is up 1.9% in early trading. —Stocks rose a tad at the open as investors digested data showing jobless claims totaled 4.4 million last week. The

Ergo.... we are up since then.

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Stock market news today: Dow and S&P 500 updates - CNNThe deluge of Americans filing jobless claims isn't over. Another 4.2 million claims for first-time unemployment benefits are expected to show up in today's data. That would bring the total number of claims to more than 26 million over the past five weeks. Recession or depression. It's not going to be pretty. How long it lasts will depend largely on how well our state and federal government manages the crisis. If the Dem’s can just keep this Virus going.....Maybe this will be the One thing that can take down the President....God knows they have Tried everything else. Only one problem....It Ain’t Going To Happen !! Trump 2020 !!
Source: CNN - 🏆 4. / 95 Read more »

Stocks Rally, Dow Up More Than 400 Points As Oil Prices ReboundStocks rose for the first time this week today, getting a boost from rebounding oil prices and news that the Senate passed a $484 billion coronavirus relief package by skleb1234 skleb1234 As long as this guy is the one making decisions for this country, that $484 billion will be hard to overcome the ignorance, stupidity and incompetence to beat the COVID19 skleb1234 How many men were secretly turned on by this upskirt of a prepubescent bronze girl? Based on how men respond to pigtails, and how wealthy men date embarrassingly young women, 👁️ would estimate ~2 out of 3 men are closet pedophiles. What should we do about it? Nothing. 🖤
Source: Forbes - 🏆 394. / 53 Read more »