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stocks

Markets Live Recap: The Dow Falls Nearly 7% as Coronavirus Cases Spike

Stocks suffered their biggest pull back in three months as another 1.5 million Americans filed for unemployment and coronavirus cases spiked in states that reopened parts of their economies.

Traders quickly moved to sell their positions as the Dow dropped 6.9% on the trading session.

Investors bid the S&P 500 45% higher from its March lows on hopes of a fast recovery.

But a new spike in cases is certainly going to take a toll on a number of businesses.

Retail and airlines were two of the hardest hit industries on the day.

Here's what our experts – Chris Johnson and Shah Gilani – think is going to happen tomorrow and how investors should be positioning themselves before the weekend.

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Trading Strategies

The Long and the Short of It: How to Profit from the Trends Driving the Dollar

Over the weekend, Goldman Sachs released a note revealing that it's betting against the U.S. dollar, anticipating that even more investors will rush into the stock market as the U.S. economy reopens.

Plus, the Fed and Congress' massive effort to provide liquidity to the economy has dramatically expanded the central bank's balance sheet and sent U.S. debt levels to sky-high levels.

In fact, by the end of this crisis, the Fed's balance sheet could easily top $10 trillion.

In addition, the threat of another wave of coronavirus and increasing unrest across America could reduce the dollar's status as the world's reserve currency.

There are other threats that continue to creep in, just under the radar.

And whether your investing style is aggressive, conservative, or somewhere in between, there are ways to profit...