Thursday 26 March 2020

Unemployment claims soared to 3.3 million last week, most in history

A record number of Americans filed for their first week of unemployment benefits last week, as businesses shut down to slow the spread of the coronavirus.
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Unemployment claims soared to 3.3 million last week, most in history
A record number of Americans filed for their first week of unemployment benefits last week, as businesses shut down to slow the spread of the coronavirus. Read more »
 
US stocks rise despite record jobless benefits claims
Read more »
 
The $2 trillion stimulus will slam the mortgage industry -- unless the Fed comes to the rescue
The federal government is determined to prevent the coronavirus pandemic from setting off another mortgage meltdown. Read more »
 
Why CEOs are giving up their salaries during the coronavirus crisis
Coronavirus has hit companies hard and fast over the past several weeks — prompting calls for industry bailouts and dramatic measures to cut costs. Among the steps some major corporations are taking to mitigate the consequences of the outbreak are pay cuts to CEOs and other top executives. Read more »
 
Bill Ackman: Shut down the economy for a month
Hedge fund billionaire Bill Ackman has a solution to end the coronavirus threat and prevent the US economy from total collapse: shut down everything for a month. Read more »
 
Why the 'TJMaxx of groceries' is succeeding during the coronavirus pandemic
The coronavirus is crippling most American industries. But it's also creating opportunities for some unexpected businesses. Read more »
 
 
 
 
Dow Nasdaq S&P
+1,351.62   +413.24   +154.51
22,552.17   7,797.54   2,630.07
+6.38%   +5.60%   +6.24%
YTD -20.98%   YTD -13.10%   YTD -18.59%
 
Biggest Winners
Coty Inc +24.16%
 
Sysco Corp +17.15%
 
Citizens Financial Group Inc +17.00%
 
KeyCorp +16.70%
Biggest Losers
Macy's Inc -10.14%
 
Norwegian Cruise Line Holdings Ltd -7.37%
 
Gap Inc -5.90%
 
L Brands Inc -5.67%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $23.22 +0.62 / +2.74%
Gold $1,642.50 -8.70 / -0.53%
10-yr 0.81% -0.05
Euro $1.10 +0.01 / +1.32%
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