The stock market moved lower on Thursday, despite strong earnings from major tech companies, after another sobering jobless claims report showed millions more Americans filing for unemployment.The Dow Jones Industrial Average was down 1.3%, over 300 points lower, at Thursday’s open, while the S&P 500 fell 1.1% and the Nasdaq Composite lost 0.5%.
Another 3.8 million people filed temporary unemployment claims last week, according to data released by the Labor Department., as the coronavirus crisis continues to force business closures, layoffs, and furloughs on an unprecedented scale.—its steepest decline on record.
Dont worry... the fed will blow up the stock to the moon and beyond... so buy...
I thought job losses were a good thing for the stock market ?
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Stocks fall, Dow snaps 4-day winning streak as big tech shares slideThe Dow snapped its four-day winning streak as big tech shares slid. Here's how the major averages performed: - The Dow dropped 32 points. - The S&P 500 fell .52%. - The Nasdaq lost .4%. 1.4% actually
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Stocks Rally, Dow Up 500 Points After Gilead’s Coronavirus Treatment Shows ‘Positive Data’The stock market moved higher today, despite a sharp drop in U.S. economic activity, after Gilead Sciences reported positive data on its remdesivir drug as a potential treatment for coronavirus by skleb1234 skleb1234 Fauci has conflict of interest at his job & Gilead. skleb1234 Better ad Trump and Trump Oranization to that list.
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Here are Wall Street's favorite stocks in the Dow right nowNew for subscribers: Here are Wall Street's favorite stocks in the Dow right now Check out CNBCPro for a free trial.
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Stocks Rally, Dow Up 400 Points After Gilead Treatment Shows ‘Positive Data’The market got a boost from news of a potential treatment for coronavirus. so there was no need to drop the interest rate to 0?
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Stocks give up early gains to end lower as investors weigh rush to reopen economiesU.S. stocks gave up early gains to close mostly lower on Tuesday as investors gird for a slew of corporate earnings and the possibility that resuming normal economic activity could reignite coronavirus infection rates. Our jobs are listening a lot.
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Stocks open lower as virus-related economic damage piles upNEW YORK (AP) — Stocks are opening lower on Wall Street as more grim news piles up about the damage that lockdowns related to the coronavirus are causing the global economy. The S&P 500 fell 0.9%... NYSE, NASDAQ, London Stock Exchange, and TYO are keeping the rest of the world afloat currently ? Oh no, poor Wall Street. You are going down!
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