US stocks rebound

  • 📰 cnnbrk
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 55%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

US stocks open higher, rebounding after two days of losses brought on by the collapse of oil prices

From CNN Business' Anneken Tappe

US stocks are gearing up for a rebound today, with futures pointing to the first higher open of the week. "Investors catch [a] collective breath, but sentiment remains fragile," wrote Marc Chandler at Bannockburn Global Forex in a note this morning. Stocks have spent two days in the red this week, dragged down after the oil market broke and prices turned negative. Even though sentiment is better today, the fundamental worries about oil storage capacity amid weaker demand hasn't gone away.

And coronavirus? Well, it's still weighing on companies' performances, making this earnings season ugly so far. And all of this means the situation could turn pear-shaped for stocks very quickly.are up more than 350 points, or 1.5%, while S&P 500 futures are up 1.5%. Futures for the Nasdaq Composite are up 1.4%.Global stocks are in the green, too.share with Facebook

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:

 /  🏆 393. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

CNN please ask NIGERIANS where is they president and the vice president let him come out and Address the nation like other presidents did...and ask them what is the hole doing in they president Neck

Its time to address subsidies for wind and solar.

I bet CNN didn’t want to post this story...all they want to do is protect the ccp as if they did nothing wrong..

Yea but they stole 140 stocks from me

Don't care about billionaires and their money right now.

American stock market will be even better if Trump really does his job.

omg

Oil out, green energy in!! ProgressiveCapitalism

Superpower should not be damned. Go whole hog!

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.

US stock futures jump as oil market collapse weighs on investorsUS stock futures were up on Tuesday as the oil price crash continues to weigh on investors Y’all just got want people out spending money realDonaldTrump
Source: CNN - 🏆 4. / 95 Read more »

Hundreds of US oil companies could go bankruptThe US oil industry is facing a doomsday scenario. The coronavirus pandemic has caused oil demand to drop so rapidly that the world is running out of room to store barrels. At the same time, Russia and Saudi Arabia flooded the world with excess supply. ✌ Capitalist gon capitalist When capitalism goes wrong
Source: CNN - 🏆 4. / 95 Read more »