Stocks Slump After Weekly Jobless Claims Surge To 6.6 Million

Oil attempted to make a comeback on Thursday, rising 8% to around $22 per barrel. Energy companies were especially hard hit in the first quarter amid an ongoing oil price war, making up seven out of ten of the S&P 500’s worst-performing stocks during that period.The Dow and S&P 500 closed out their worst first-quarter performances in history on Tuesday.

“It is unfortunate how bad these numbers are getting, and no one will be surprised if we see a few more terrible readings over the next few weeks.”“The recent stock market decline and continued volatility has accurately reflected the extreme level of jobless claims we’re seeing in the economy,” says Andrew Smith, chief investment officer for Delos Capital Advisors.

We’re in deep trouble!

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Exclusive: KKR shelves $2 billion sale of Singapore-based Goodpack due to market slump: sourcesKKR & Co has shelved a plan to sell Singapore-based Goodpack, which provides shipping containers and logistics services, after the coronavirus outbreak hit valuations, sources with knowledge of the matter said on Wednesday. anshumandaga Pakistan has reported approx 1,700 cases till now cases per million population 👇 CoronaVirusPakistan
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »

Stocks making the biggest moves midday: Dollar Tree, RH, Amarin, Conagra, Noble Energy & moreThese are the stocks posting the largest moves in midday trading. GGevirtz all of us would too if the feds kept pumping us up with money where's it all coming from?
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »