The Dow Jones Industrial Average faces a battle today after the U.S. Department of Labor reported more than 3 million jobless claims.
They expected 1.5 million.
The Great Recession jobless peak was 665,000.
The ongoing coronavirus crisis has decimated the hospitality, retail, restaurant, and airline industries, in addition to secondary businesses that cater to these sectors.
Read on for details.
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The Dow Jones today is pointed high as markets anticipate a limited trade deal between the U.S. and China.
Tech and banking stocks rallied in premarket hours as investors poured back into the market with renewed hope.
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The Dow Jones news today features stocks dropping after President Trump threatened North Korea with "fire and fury" if they continue to threaten the U.S.
Dow Jones futures are down 32 points as North Korea immediately responded by threatening U.S. military bases in Guam.
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Bill Ackman's hedge fund Pershing Square was once envied by Wall Street.
It boasted 40% returns in 2014 — 27% higher than the S&P 500 that year.
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In Dow Jones news today, the markets are down as investors try to predict if there will be more rate hikes in 2017.
Investors are also preparing for a busy day of earnings reports.
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