... [+]The stock market stumbled on Friday, but ended the week down only 2.6%—despite a slew of worsening economic data, such as record unemployment claims, and ongoing coronavirus volatility continuing to stoke fears on Wall Street.
The Dow Jones industrial average lost 1.7%, nearly 400 points, on Friday, while the S&P 500 fell 1.5% and the Nasdaq Composite 1.5%. Overall, stocks posted their third weekly decline in the last four weeks: The Dow was down 3.1% for the week, while the S&P and Nasdaq dropped 2.6% and 2.8%, respectively.
The number of global coronavirus cases surpassed a million this week—with more than 261,000 cases in the U.S., which has added to anxiety on Wall Street as economic data begins to reflect the financial fallout from the pandemic.to a staggering 6.6 million—the highest level ever recorded. Some 10% of Americans have now filed for first-time unemployment in the last two weeks alone, data shows.
skleb1234 This is why having strong cash reserves are SO important. In times like this, it creates wonderful opportunities to buy low and further strengthen your portfolio position. buylow buywise
skleb1234 Dow is dropping bc mixed messaging, During crisis, people Need clear messaging is how u contain this. 5 min ago Pres Trump says “CDC recommends wearing a mask” he then said word “Voluntary” over 7 times saying Twice “I know I won’t be wearing 1 bc you don’t have to.” He’s insane.
skleb1234 Since the stock market, by definition, is made up of large corporations, many of them are not feeling the pain of little guys. Many are actually finding ways to benefit. Americans are a creative bunch!!
skleb1234 The FED buying everything and POTUS is you already know.
skleb1234 Winning? Nope.
skleb1234 If we get peace in the Middle East, will it go back up? Cc: billmaher , iamjohnoliver
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks Down Just 2.6% This Week Despite Record Unemployment And Coronavirus VolatilityThe market posted only modest losses this week, even with continued uncertainty from the coronavirus pandemic. talk to me in a month As empresas não se preocupam com os empregos, elas se preocupam com o lucro e rentabilidade. 😐
Source: Forbes - 🏆 394. / 53 Read more »
18 Stocks to Buy Amid the Coronavirus Carnage, According to Barron’s Roundtable ExpertsOur investment experts weigh in with 18 new picks, including Illumina, Charles Schwab, and CME Group. Why fiscal policy is essential to stem the Covid crisis. just wait another month, its gonna be a bonanza 😁clever way to try and re-engage investors and speculators to begin taking risks again. I am almost certain that most of these guyz are on the fence except for companies that directly appealed to them for direct investments LOL just wait a few weeks. They’ll be a lot cheaper.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks open lowerInvestors continue to worry about the coronavirus pandemic's impact on the economy. Here's what's moving markets today. Lets see whats in the store for long run (12 months down the road) Hiding under a bush Orange Recession
Source: cnnbrk - 🏆 393. / 55 Read more »
Stocks making the biggest moves in the premarket: Disney, 3M, Tesla, Apple, Peloton & moreThe stocks making the biggest moves in premarket trading include Disney, 3M, Tesla, Apple, Peloton, and more. NEED TO SHORT SELL 3M this company has let down the AMERICAN HEALTH CARE WORKERS. IT a company that is selling mask TO companies over sea when the USA HEALTH CARE WORKERS AND STATES need them. SO SHAMEFUL Ugh, my dads 3M stock is taking a beating. TumpBrokeTheEconomy
Source: CNBC - 🏆 12. / 72 Read more »
Wall Street analysts are still upgrading stocks amid ongoing market volatility, including Twitter and LululemonNew for subscribers: Wall Street analysts are still upgrading stocks amid ongoing market volatility, including Twitter and Lululemon Check out CNBCPro and get your first 30 days free. Pro CNBC should stop pushing that 'bottom is in'.
Source: CNBC - 🏆 12. / 72 Read more »
No One Is Betting in Casinos—Or on Their StocksSpreading bets across Asia and the U.S. is less useful when a pandemic punishes everyone at once. China Has To Pay For Corona Victim's. Surprise, surprise, surprise. Even gold standards won’t help you now. You have to have a skill that you can barter with. Buh bye! fakenews this is a buyers market
Source: WSJ - 🏆 98. / 63 Read more »