Stock market live updates: Dow futures up 300, oil rallying, has economy bottomed?

The acquisition will add end-to-end encryption for the company's video calls. Zoom shares have more than doubled this year on the heels of a spike in demand as people began working from home. But the company has also been criticized for privacy and security flaws. On April 1 the company outlined a plan for how it can fix its security issues, and Thursday's acquisition is part of that plan.

in the week ending May 2, the Labor Department said Thursday. Economists polled by Dow Jones expected jobless claims to rise by 3.05 million. The latest number brought the seven-week tally to more than 33 million as the coronavirus pandemic caused unprecedented job losses. While another bad number, the jobless claims were below the 3.8 million and 4.4 million pace of the prior two weeks and down from the 6.8 million jobs lost at the end of March.

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Stock market live updates: Dow futures up 200, oil rallies, weekly jobless claims aheadA conversation about the latest market-moving news, including a surge in oil prices, while investors await the latest unemployment data. Is it time to sell stocks? Long!
Source: CNBC - 🏆 12. / 72 Read more »

Dow futures flat as stock market braces for private-sector report from ADP that could show 20 million jobs losses in AprilU.S. stock-index futures on Wednesday see lackluster early action in thin trade as investors braced for an update on private-sector employment from ADP for April and react to corporate quarterly updates from some of the nation’s largest companies which are mostly swooning from the effects of the COVID-19 pandemic. Haha it doesn't matter. When they announce unemployment numbers stocks go down 1-2% and they forget the other day and invest more.
Source: MarketWatch - 🏆 3. / 97 Read more »