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 Fort Smith, Arkansas, U.S. April 6, 2020.7:50 am: Best Buy falls after earnings reportfell 2% in premarket trading after the electronics retailer reported its first quarter results. The company beat Wall Street estimates on the top and bottom lines, but it did not give future guidance. Comparable sales were down 5.
That grim milestone comes as several countries have started to ease lockdown measures. In the U.S. specifically, more than 1.5 million cases have been confirmed. Most of the worldwide new cases come from the Americas, with over 45,000 cases reported Tuesday in the U.S.Another 2.4 million Americans were expected to file claims for unemployment insurance last week, according to economists surveyed by Dow Jones.
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