Stocks Plunge, Dow Falls 600 Points As Historic Oil Rout Continues And Congress Passes More Small Business Stimulus

CNBC. The deal will allocate some $320 billion more for the Paycheck Protection Program to provide more small business loans.The price of crude oil plunged on Tuesday, alongside plummeting U.S. futures contracts: It ended down over 35%, at around $13 per barrel.“All hell is breaking loose in oil markets,” says Edward Moya, senior market analyst for Oanda. “This will be oil’s last dance for many U.S.

Crude continues to slide, reflecting a “toxic combination of collapsing demand, elevated supplies and diminished storage,” according to Vital Knowledge founder Adam Crisafulli. The coronavirus outlook for markets remains “largely unchanged,” with the focus increasingly shifting to when the economy can reopen—though that process will be a “very slow and arduous one.

Fake news

the big shake up the world is going to move and spend very differently nature needed a break from our big business take everything attitude I just made some great $ via ART funny thing is an Original Basquiat's Value Stayed Exactly The Same Though Out This Mess just saying...

Oil sucks. Corporations are not people. Government favors corporate bailouts over people suffering. 🖕🏻them all.

Check this

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 Plunge, Dow Falls 500 Points As Historic Oil Rout ContinuesStocks were down 2% as the selloff in oil markets deepened.
Source: Forbes - 🏆 394. / 53 Read more »

Oil prices plunge below zero, sending stocks lowerOil prices plunged below zero on Monday as demand for energy collapses amid the coronavirus pandemic. Is the gas station going to pay me to fill my tank up?
Source: USATODAY - 🏆 100. / 63 Read more »

Stocks plunge againInvestors continue to worry about the coronavirus pandemic's impact on the economy. Here's what's moving markets today. Trump wants to pump money into oil industry to rescue workers while not doing enough for the thousands in bread lines. Don’t be surprised if Trump goes to extraordinary lengths to try to prop up the stock market, regardless of whether it is best for the health of all Americans CNN prayer ... Pls God destroy the US so we can blame Trump
Source: cnnbrk - 🏆 393. / 55 Read more »