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Stocks Fall, Dow Loses 300 Points After Coronavirus Job Losses Surpass 30 Million

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The stock market finished lower today, despite strong earnings from major tech companies, after another sobering jobless claims report showed millions of more Americans filing for unemployment by skleb1234

The stock market finished 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 1.2%, over 300 points lower, on Thursday, while the S&P 500 fell 0.9% and the Nasdaq Composite lost 0.3%.

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.

 

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skleb1234 How the market went up the last month is beyond me Pride cometh before the fall I suppose Reality wont be ignored

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Stocks Fall, Dow Loses 300 Points After Coronavirus Job Losses Surpass 30 MillionDismal economic data sent stocks lower. 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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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 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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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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