later in the quarter as the COVID-19 pandemic improves. "I like some stocks here now, and I like some stocks later, but I sure don't like most of the market," Cramer said.The Dow fell further to be about 900 points negative for the day, trading around the 21,000 level. The S&P 500 fell 4.25% and the Nasdaq dropped 3.8%. New York Gov.
Analysts have warned that falling oil prices will lead to a wave of consolidation or bankruptcies in the U.S. energy sector, and the Street got its first taste of what could be to come when U.S. shale producer Whiting Petroleum filed for bankruptcy on Wednesday. "The oil patch is falling apart ... This is the other bomb that's dropping," CNBC's Jim Cramer"I think they're the first of many," he said in reference to Whiting's bankruptcy filing.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market live Monday: Dow rises nearly 700, J&J vaccine hope, oil 18-year low“We are going to have bankruptcies, and bankruptcies unfortunately destroy the capital structure completely,” Allianz’s Mohamed El-Erian said this morning. “It is a very selective game right now, rather than calling the all clear and going in for indices.” Joe should probably consider a shirt neck size a little bigger. He looks like a tick about to pop. elerianm thank you for your information. Stay safe👍🏻 Cross your fingers that the corporate bailouts and small business loans have enough juice to June stevenmnuchin1
Source: CNBC - 🏆 12. / 72 Read more »
Stock market live updates: Dow down 800, second quarter begins, Trump's warningWe spoke with 4 market pros on what they’re watching, as stocks dropped today and coronavirus fears intensified. Follow along with the latest stock market updates here: Wake up fella, there are NO market pros, otherwise they would have seen this coming and liquidated their holdings. These so-called pros are like addicts to the bullshit they spew from their pie-holes. Just shut up already.
Source: CNBC - 🏆 12. / 72 Read more »
Man who called Dow 20,000 at end of 2015 says these are the 4 steps needed for a bona fide stock-market recoveryThat’s Jeremy Siegel, a professor of finance at the University of Pennsylvania’s Wharton School of Business, expressing some optimism Monday about the...
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow is on track for its worst quarterly performance since 1987 — here’s how the stock market tends to perform after damaging quartersHow bad has it been for the U.S. stock market in the first three months of 2020? In a word, historic, but returns are almost certain to improve over the... What did the markets do with the feds 3 trillion dollars-gave it to hedge funds - really 😢😢😢🤥🤥
Source: MarketWatch - 🏆 3. / 97 Read more »
Why stock market's coronavirus crash is not over, what to buy: BofA - Business InsiderBank of America examined the stock market during every recession since 1929 and concluded the recent meltdown is not over. Here's their trading strategy for a deeper crash. A no brainer
Source: BusinessInsider - 🏆 729. / 51 Read more »