US stock futures down, pointing to another wild week on Wall Street

  • 📰 CNN
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

United States Headlines News

United States Latest News,United States Headlines

US stock futures were lower Sunday night, continuing to give up gains from last week's historic rally that came to a halt Friday.

Dow futures were down 371 points, or about 1.7%. S&P 500 futures fell around 1.8% and Nasdaq futures were down around 1.5%. Stocks turned positive last week — and the Dow even left the bear market after climbing more than 20% from its recent low — as lawmakers and central bankers around the world made progress on measures to bolster economies weakened by coronavirus.

But the virus continues to spread, threatening, among other things, jobs, corporate earnings and travel. Initial US jobless claims soared to 3.28 million, the highest on record, in the week ended March 21. The United States now has more coronavirus cases than any other country in the world, with more than 136,000 cases confirmed as of Sunday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Shut the market down. Suspend trading.

Fake news Socialist channel!

Also need thisProtective clothingDopunt,warehouse address at LA USA

so the news isn't all bad for CNN

Trump surrounded himself by experts. He is heeding their advice. End of story. 🇺🇸

My opinion: President Trump, VP Mike Pence & the great task force that he put together are doing the best all they can in attacking the virus, defeating & killing the virus. The best times of the United States of America’s is coming. Hurrah!! Americans do your part, be heroes!

After Trump's rant this afternoon, tomorrow everything should tank.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

On Wall Street, some optimism penetrates the uncertaintyStocks rallied this week as Washington acted to provide $2.2 trillion of relief to an economy shocked by the coronavirus outbreak, leaving some on Wall Street cautiously optimistic that the panicky selling that had gripped the market earlier may have come to an end. The gains came after two brutal weeks sure makes me feel all warm and fuzzy inside . how bout ya ?
Source: YahooNews - 🏆 380. / 59 Read more »

Boeing Stock Is Up Nearly 90% in a Few Days. Wall Street Explains the Rally.Analysts have lots of theories about what is lifting Boeing shares, and remain cautious about the outlook.
Source: MarketWatch - 🏆 3. / 97 Read more »

Father of Wall Street's 'fear gauge' sees wild volatility continuing until coronavirus cases peakRobert Whaley, who created the original VIX in 1992, says the most important thing for markets is to reduce the uncertainty around the coronavirus crisis. I’m a Social worker and could have concluded that..... How do you know, it’s already peaked! Global sentiments are positive, invest before Chinese buy all stocks at low value & start taking over global economy economy CoronaLockdown WallStreet StockMarket
Source: CNBC - 🏆 12. / 72 Read more »

‘Most photographed man on Wall Street’ shares update on coronavirus battle: ‘You do not want to get this’Back in 2014, MarketWatch editor Jeremy Olshan made a promise to readers: No more photos from the floor of the New York Stock Exchange, barring some relevant...
Source: MarketWatch - 🏆 3. / 97 Read more »

Where Markets Go From Here: Wall Street’s Biggest Names Weigh InThey’ve navigated selloffs and downturns, natural disasters and terrorist attacks. Now they’re advising investors on what’s coming next—and what they can do about it. ackman will give advice based on his positions Ghouls First question: how much money did these guys make from this crisis?
Source: WSJ - 🏆 98. / 63 Read more »

U.S. Rebuffs Calls to Close Stock MarketThe Trump administration has vowed to keep the stock market open, even as a steep selloff has led some to suggest a temporary closure could soothe frightened investors Not closing the stock market may be correct, closing the stock market may lead to greater panic and confusion. Of course Trump is keeping the stock market open. He's been trying to bring it back up so his family and friends that haven't offloaded yet can and then buy in again when it's hit rock bottom. Nothing assuages fear more than instant loss of liquidity.
Source: WSJ - 🏆 98. / 63 Read more »