The Dow Jones Industrial Average was down 0.2%, over 50 points, at Thursday’s open, while the S&P 500 fell 0.4% and the tech-heavy Nasdaq lost 0.1%.filed for unemploymentWhile jobless claims have been slowing steadily, continuing claims were higher than expected and increased from last week. The damage caused by the coronavirus evidently continues to take a major toll on the economy.
The market’s losses were kept in check, however, after the European Central Bank said it would buy an additional 600 billion euros of government bonds, bringing the total for its Pandemic Emergency Purchase Program to more than 1.35 trillion euros.on Thursday, casino stocks jumped: Wynn Resorts and Las Vegas Sands were up over 0.5%, while MGM Resorts rose more than 3%.
Other stocks that would directly benefit from a reopening also continued to rally on Thursday, including airlines and some retailers.That’s how many Americans have filed for unemployment since the coronavirus crisis began.Stocks rallied for three straight days earlier this week, moving higher despite widespread civil unrest across the country stemming from the death of George Floyd.
bitcoin
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 Rally, Dow Up 100 Points Despite Civil UnrestThe market opened higher today, with stocks continuing to rally on optimism about a reopening of the economy despite widespread civil unrest across the country over the killing of George Floyd by skleb1234 Which market? 😂 skleb1234 Does not make any sense. How can markets rally with unemployment s & civil unrest. skleb1234 Why
Source: Forbes - 🏆 394. / 53 Read more »
Value stocks set for outperformance versus growth: GS, BofA - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Dow Gains 250 Points As Stocks Rally Despite Civil UnrestWall Street continues to look ahead to a reopening of the economy, even amid widespread protests. skleb1234 skleb1234 The Good ones are trading. skleb1234 Smells like market manipulation
Source: Forbes - 🏆 394. / 53 Read more »
Mass Protests Across The U.S. Have No Impact On Stocks—What Gives?Investors don’t see protests as a threat to either company earnings or an economic recovery, at least not yet. skleb1234 Because the stock market is rigged skleb1234 War is profitable skleb1234 Don’t forget today’s news: ClintonTrial ClintonHearing
Source: Forbes - 🏆 394. / 53 Read more »
Stocks futures flat as Wall Street monitors economy reopening amid civil unrestInvestors are weighing excitement about the economy reopening with escalating tensions between the U.S. and China and nationwide protests. Market partying like it's 1999 See, that artificially inflated stock value has nothing to do with the real economy... Wall Street has been disconnected from Main Street for quite sometime. Futures flat as they await the Feds next move.
Source: CNBC - 🏆 12. / 72 Read more »
Camping and RV stocks are 'back in a big way,' Jim Cramer says'I think the pandemic has given the industry a huge long-term boost,' the 'Mad Money' host said. All the Parks and area for them have been packed for years during summer. What do they plan to do with them ? Maybe live in them.
Source: CNBC - 🏆 12. / 72 Read more »