The rally in airline stocks is stalling over concerns that a second wave of coronavirus cases will put the brakes on air travel.
American Airlines Group , meanwhile, priced $2.5 billion in bonds with an 11.75% interest rate—adding more debt to its balance sheet and prompting UBS to trim its price target on the stock.
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Stock market live updates: Stocks lower, travel stocks sink, KB Home drops 11%As new COVID-19 cases continue to spike and the market struggles, MadMoneyOnCNBC's JimCramer has some advice to dish out. MadMoneyOnCNBC jimcramer Check out my Gig on Fiverr: be your all rounder activecampaign specialist MadMoneyOnCNBC jimcramer What has change since March regarding COVID-19? Do we have a cure a vaccine? Why are people expecting change? MadMoneyOnCNBC jimcramer If we had a competent Federal response we woukd be in much better shape
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Asia Pacific stocks set for mixed start as Fauci warns of surge of coronavirus casesWhite House health advisor Dr. Anthony Fauci said he was 'quite concerned' about the rise in coronavirus cases in states that 'reflect an increase in community spread.' jimcramer - That 4th of July play is really interesting...
Source: CNBC - 🏆 12. / 72 Read more »
Asian stocks under pressure after spike in coronavirus casesAsian stocks were expected to come under pressure on Wednesday, as a spike in new coronavirus infections weighed on sentiment, although U.S. assurances that the China trade deal was intact and upbeat economic data provided some reasons for optimism. China is not Asia. It is One China, a different place. Laurie_Garrett It is difficult to understand, but 'the price' of the covid is already assumed in the current price of the shares. Laurie_Garrett January Redub.
Source: Reuters - 🏆 2. / 97 Read more »
Stocks open lower on Wall Street as coronavirus cases surgeStocks are opening lower on Wall Street as investors are discouraged to see a surge in new coronavirus cases in the U.S. to their highest level in two months. The S&P 500 fell 0.6% in early... Who saw this coming? Oh yeah: everyone. Everyone saw this coming. The sheeple are about to learn a hard lesson in economics. The illusionary credit system is toast.
Source: AP - 🏆 728. / 51 Read more »
Stocks Pullback, Virus Cases Spiking, Dell & VMware by Squawk on the StreetSquawkStreet It's surprised the healthcare sector doesn't do that well either. Maybe 2.2M people in/out hosp. won't buy pharm stocks 'cause med doesn't meet their expectation.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks slide lower on Wall Street as coronavirus cases surgeStocks are moving sharply lower on Wall Street after new coronavirus cases in the U.S. hit their highest level in two months Close the Southern border...🤯 WadaJP またドル円101の世界が来ると良いのですが。 The markets are being manipulated as much as possible by the Trump administration. However, with the continued rise of Coronavirus cases the numbers will not hold. The chickens will have finally come home to roost under the abysmal presidency of realDonaldtrump
Source: ABC - 🏆 471. / 51 Read more »