The Dow Jones now looks positive as airline stocks rally with the reopening of the economy.
The S&P 500 is on the verge of breaking higher than its 200-day moving average.
Boeing (NYSE: BA), however, is still fighting for its life.
The Dow Jones now looks positive as airline stocks rally with the reopening of the economy.
The S&P 500 is on the verge of breaking higher than its 200-day moving average.
Boeing (NYSE: BA), however, is still fighting for its life.
More on this, and all else moving the Dow today, below...
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The Dow Jones popped 130 points as states set to reopen their economies over the next two weeks.
President Donald Trump said Tuesday that there will "be more death" due to COVID-19 but that the failure to reopen the economy could be even more catastrophic.
More COVID-19 coverage below. Here's everything moving the Dow today...
The biggest news of the day was the 20% pop for oil prices.
They surged thanks to optimism around production cuts.
There are also expectations from analysts that demand for the commodity will increase as some economies attempt to reopen around the world.
The S&P 500 was up as much as 1.8% mid-day, but only closed 0.9% higher.
The overall market is clearly buying the news that economies around the world will open up.
But it's to be determined if they'll be able to do that without spreading the coronavirus further.
Here's what our experts – Chris Johnson, D.R. Barton, Jr., and Shah Gilani – think investors should be doing with their money today.
Stocks fell to close the week after Amazon and Apple's earnings reports yesterday.
With most of the economy closed, there's not a lot of optimism among investors that next week's earnings reports will be able to drive the market higher.
And to add to that, there are rumblings that the U.S. may impose more tariffs on China.
The Dow fell 622 points, or about 2.5% to close the day.
The Dow Jones will have another volatile day as the effect of the pandemic has taken a much bigger toll than expected.
Last week, more than 6.6 million new workers filed for unemployment benefits.
That brought the total number of claims to more than 16 million Americans over three weeks.
This figure implies that more than 10% of the American workforce is unemployed, with plenty of downside left.
The Dow Jones popped this morning after the Federal Reserve announced $2.3 trillion of loans to support small businesses and consumers.
But investors fear this uptick might not have legs…
Unemployment claims in the coronavirus lockdown have ballooned to 6.6 million.
The 10-Year U.S. Treasury bond fell to 0.72% this morning.
Gold, meanwhile, popped above $1,700 today. Read further for more on how the coronavirus crisis is affecting the Dow today.
The Dow Jones Industrial Average is reeling after a massive two-day selloff that wiped away $1.7 trillion from the domestic stock market's value.
With earnings season in full swing, investors will take any value they can find to combat the uncertainty.
by David Zeiler
The stock market is getting slammed by worries about the impact of the coronavirus, with Apple stock among the hardest-hit names.
Apple is a prime example of a major U.S. multinational company with deep ties to China that makes it particularly vulnerable in a crisis like this.
And the longer the coronavirus outbreak paralyzes the Chinese economic machine, the worse the bite out of earnings – not just for Apple, but for thousands of U.S. companies.
It's actually much worse than what the "experts" are telling you...
Earnings season has come and gone. And as usual, some stocks disappointed while others surprised to the upside.
The company we're bringing you today beat the average Wall Street analysts' estimates by 36% when it last reported on Feb. 11.
But somehow the stock is down 10% to date.
We think Wall Street has presented a great opportunity to own a wonderful business at a descent discount. You don't want to wait until it's back up 10% before buying.