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Markets Live Recap: Bank Earnings, New York Manufacturing, Safety Stocks, and Gold

Huge declines in year-over-year bank earnings were in focus on Wall Street this morning as some of the heavyweights reported before the opening bell.

The market opened down about 2% and closed near the same levels.

But that certainly isn't the only news you should be taking into account today…

You see, bank earnings have "knock-on effects" that can ripple throughout the economy in a variety of ways.

Here's what our experts – Chris Johnson, Tom Gentile, D.R. Barton, Jr., and Shah Gilani – saw in real time today, April 15

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Penny Stocks

Penny Stocks to Buy During the Coronavirus Sell-Off

The ongoing sell-off across the markets has many investors running for the hills.

But the recent downturn has pulled a number of high-upside stocks with potential to rally to all-time highs.

Among the stocks that offer tremendous upside are penny stocks.

Today's penny stocks to buy – currently priced under $6 per share – give investors low-risk, high-return potential that requires little capital to get started.

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Dow Jones

The Dow Jones Industrial Average Slides 700 Points as Coronavirus Fears Accelerate

The Dow Jones Industrial Average is off another 700 points Thursday as investors continue the rollercoaster in the markets.

Despite yesterday's 1,000-point gain, markets continue to monitor government reactions to coronavirus and the rising number of cases on the West Coast.

The death toll in the United States has reached 11, and the number of confirmed cases has topped 160.

This morning, Facebook (NASDAQ: FB) announced plans to shut one of its Seattle offices after a contractor tested positive for coronavirus.

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