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Stock Market Update Monday, April 6th, 2020

It was quite a day. Stock were up early on news that COVID-19 cases seem to be tapering off. According to John Hopkins data, there were 32,100 new cases in the U.S. on Friday, 33,260 cases on Saturday, and just … Continue reading

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Stocks are set to jump, with Dow futures pointing to a more than 800 point gain

U.S. stock futures surged on Monday, pointing to a big rebound to start the week. The bullish sentiment was driven by a number of things: While the White House acknowledged this week could be among the toughest for coronavirus hot … Continue reading

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Job losses in March could be the worst in a decade, and that’s just the beginning

March’s employment report could show the most monthly job losses in a decade, but it’s only a fraction of the real hit to the workforce that came when many states issued stay-at-home orders late in the month. — RECOMMENDED — … Continue reading

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Dow futures indicate a 100-point opening drop as investors look to jobs numbers

Futures contracts tied to the major U.S. stock indexes pointed to a lower start to Friday’s session, leaving Wall Street on track for modest weekly losses, as investors braced for the latest monthly jobs report. Dow Jones Industrial Average futures … Continue reading

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Oil rallies 10% after Trump says he expects Saudi Arabia-Russia feud to end soon

Oil prices rallied on Thursday after President Donald Trump talked up the possibility of Saudi Arabia and Russia ending a squabble that contributed to crude’s massive plunge since last month. West Texas Intermediate futures surged by $2.11, or 10.4%, to … Continue reading

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