climbed 1.9% and 1.6%, respectively. Retailers, airlines and cruise line operators led the premarket gains. Wall Street was coming off its worst session in about three months, with the Dow plunging more than 1,600 points on Thursday.
Stocks are still headed for a big losing week. The Dow is down 7% this week through Thursday. The S&P 500 is off by 6%.Prime Minister Boris Johnson makes a statement outside 10 Downing Street, London, as he resumes working after spending two weeks recovering from Covid-19.by a whopping 20.4% in April
— a record — compared to the previous month as the country implemented strict quarantine measures to curb the spread of the coronavirus. "Q1 GDP figures highlighted the damage caused by just the first few weeks of lockdown — the Q2 estimates expected later this month will show output in a crater," said Ed Monk, associate director for Personal Investing at Fidelity International.A CNBC analysis of Johns Hopkins University data showsas the state — along with others — start to reopen.
Source: News Formal (newsformal.com)
1 thing to know about the stock market: The rich are destroying the economy. If we do not tax the rich, and give to the poor, the economy will completely collapse this winter. We must TaxTheRich. Thinking otherwise is living in a fantasy land.
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