U.S. stocks recovered some losses on Thursday and oil prices soared, though the modest gains were not enough to offset the damage done by a weeks-long sell-off.
The Dow Jones Industrial Average was up 0.8%, or 170 points. The S&P 500 gained 0.3% while the Nasdaq gained 2.3%.At a press conference on Thursday afternoon, President Trump said he would considerfor companies who receive bailouts under his administration’s proposed $1 trillion stimulus plan. Central banks are also continuing to act in order to cushion the economic blow of the coronavirus outbreak: yesterday, the European Central Bank announced an $818 billion bond-buying program and the Federal Reserve said it will act to shore up prime money market funds.
. “Every day, a new area of distress pops up and every day, they’re coming up with a new program or rebooting an old program.”
theothersarahh Lets hope it keeps crashing. The only way normal people will ever get help is if trump is still scared of the stock market
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:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market live updates: Stocks rebound after early losses, S&P jumps 1%, Dalio concernedA conversation about the latest market-moving events, including more central bank action and a jump in U.S. coronavirus cases. Keep it going America! You can't kill freedom...... Is this uptick of fed funds into the market a HeadFake? What happens when it gets eaten up and absorbed into the abyss? Markets are clearly in a state of panic and forced liquidations !!!📉
Source: CNBC - 🏆 12. / 72 Read more »
Stocks open lowerThe stock market's roller coaster week continues as investors continue to worry about the coronavirus outbreak. Go here for the latest updates on the Dow, S&P 500, companies and more. Don’t forget that Trump believes these losses fall squarely on the president! Thank you president Trump for your leadership!!! We all need to pray that the TrumpSlump ends quickly and the market recovers.
Source: cnnbrk - 🏆 393. / 55 Read more »
Only These 16 S&P Stocks Have Avoided The Coronavirus Market CrashOnly these 16 S&P stocks have avoided the coronavirus market crash by skleb1234 skleb1234 ...mint flavor apple jelly? I.. I have questions... RJSOCAL7602 Stocks jump as Trump promises to 'go big' on aid for economy during coronavirus pandemic
Source: Forbes - 🏆 394. / 53 Read more »
Stocks Halt After 7% Drop in S&P 500; Oil and Bonds Drop in SyncU.S. stocks tumbled 7% and oil plunged to its lowest in more than 18 years amid rising anxiety about coronavirus pandemic. Trump shd quit doing pressers while US markets open. Winning!!!! Why even bother keeping the markets open during an unprecedented crisis. It closed for a week after 9/11.
Source: WSJ - 🏆 98. / 63 Read more »
U.S. Stocks Open Lower Despite Central Banks’ ActionThe S&P 500 declined even as the Federal Reserve and ECB introduced fresh measures to shield the global economy from the coronavirus pandemic. Timber! Pull everything out and have fun. We’re finished. Dow 5,000 by summer, probably earlier. 关了吧 another great depression is scoming
Source: WSJ - 🏆 98. / 63 Read more »