Why an Elon Musk tweet led to a 5,675% surge in Signal Advance’s stock
Talk about a case of mixed Signals. On Jan. 6, shares of Signal Advanceclosed at 60 cents a share, a solid gain for the Rosharon, Texas-based biotechnology company formerly known as Biodyne Development Company.A day later, on Thursday, the company’s shares surged 527% to $3.76 — and then all heck broke lose, after apparent ticker confusion amplified a move in the over-counter-traded security into the ether. The surge came after Tesla Inc.CEO Elon Musk recommended that people “use signal,” shifting to the encrypted-messaging platform Signal from Twitterand Facebookfollowing the Sturm und...…Talk about a case of mixed Signals. On Jan. 6, shares of Signal Advanceclosed at 60 cents a share, a solid gain for the Rosharon, Texas-based biotechnology company formerly known as Biodyne Development Company.A day later, on Thursday, the company’s shares surged 527% to $3.76 — and then all heck broke lose, after apparent ticker confusion amplified a move in the over-counter-traded security into the ether. The surge came after Tesla Inc.CEO Elon Musk recommended that people “use signal,” shifting to the encrypted-messaging platform Signal from Twitterand Facebookfollowing the Sturm und...WW…
Here’s how bitcoin could soon be worth $146,000 according to JPMorgan
Bitcoin’s nearly nonstop climb to new records has drawn the attention of Wall Street like few other securities in recent memory. The world’s No. 1 digital asset was recently trading at around $32,000 in Tuesday action, at last check, but the team at JPMorgan Chasemake the case that the blockchain-backed cryptocurrency could be valued at $146,000 in the not-so-distant future , if it can continue to draw demand away from gold buyers, as the researchers at the bank think is already happening.The analysts point to outflow from gold-pegged exchange traded funds, or ETFs, and inflows into a...…Bitcoin’s nearly nonstop climb to new records has drawn the attention of Wall Street like few other securities in recent memory. The world’s No. 1 digital asset was recently trading at around $32,000 in Tuesday action, at last check, but the team at JPMorgan Chasemake the case that the blockchain-backed cryptocurrency could be valued at $146,000 in the not-so-distant future , if it can continue to draw demand away from gold buyers, as the researchers at the bank think is already happening.The analysts point to outflow from gold-pegged exchange traded funds, or ETFs, and inflows into a...WW…
6 reasons bitcoin is trading at its highest level since 2017 — and 1 warning
Bitcoin is baaack! The popular digital currency, which is arguably one of the most polarizing in financial markets, is approaching heights not seen since the frenzied rush into cryptocurrencies three years ago.Bitcoin’s priceon Wednesday briefly hit an intraday peak at 18,358.98, and was pulling back in recent trade but still on pace for the fourth-highest finish in its history since December 2017, when the asset briefly flirted with $20,000 before collapsing in dazzling fashion, according to Dow Jones Market Data, based on a 7 p.m. Eastern close.But now bitcoin is drawing eyeballs and...…Bitcoin is baaack! The popular digital currency, which is arguably one of the most polarizing in financial markets, is approaching heights not seen since the frenzied rush into cryptocurrencies three years ago.Bitcoin’s priceon Wednesday briefly hit an intraday peak at 18,358.98, and was pulling back in recent trade but still on pace for the fourth-highest finish in its history since December 2017, when the asset briefly flirted with $20,000 before collapsing in dazzling fashion, according to Dow Jones Market Data, based on a 7 p.m. Eastern close.But now bitcoin is drawing eyeballs and...WW…
Companies are weighing stock splits after Tesla and Apple’s announcement, expert says
After Tesla and Apple announced plans to split their shares within weeks of each another, there has been a growing buzz that more companies with triple and quadruple-digit share prices will follow in their footsteps.“Everybody’s talking about it,” Howard Silverblatt, senior index analyst at S&P Dow Jones Indices, told MarketWatch in an interview on Thursday.“I’m getting requests from companies looking for raw data… asking, ‘Is there a reason I should split [my shares]?’ he said.Silverblatt said he thought boards of companies might indeed follow Tesla and Apple’s lead at some point and split...…After Tesla and Apple announced plans to split their shares within weeks of each another, there has been a growing buzz that more companies with triple and quadruple-digit share prices will follow in their footsteps.“Everybody’s talking about it,” Howard Silverblatt, senior index analyst at S&P Dow Jones Indices, told MarketWatch in an interview on Thursday.“I’m getting requests from companies looking for raw data… asking, ‘Is there a reason I should split [my shares]?’ he said.Silverblatt said he thought boards of companies might indeed follow Tesla and Apple’s lead at some point and split...WW…
Stock market looks like ‘hapless Wile E. Coyote, running off the edge of a cliff,’ says behavioral economist
The S&P 500 index is teetering on the edge of a rarefied perch, persistently brushing aside uncertainties created by the COVID-19 pandemic in its ascent.Although the rally by arguably the most important stock-market benchmark in the world has stalled out, its proximity to an all-time closing peak has made a number of investors uneasy to say the least.“Never before have I seen a market so highly valued in the face of overwhelming uncertainty,” James Montier, behavioral economist and member of GMO’s asset allocation team, wrote it in a recent research paper titled “”The U.S. stock market...…The S&P 500 index is teetering on the edge of a rarefied perch, persistently brushing aside uncertainties created by the COVID-19 pandemic in its ascent.Although the rally by arguably the most important stock-market benchmark in the world has stalled out, its proximity to an all-time closing peak has made a number of investors uneasy to say the least.“Never before have I seen a market so highly valued in the face of overwhelming uncertainty,” James Montier, behavioral economist and member of GMO’s asset allocation team, wrote it in a recent research paper titled “”The U.S. stock market...WW…

President Trump says George Floyd’s death was ‘terrible’ but says ‘more white people,’ die at hands of police than Blacks in U.S.
‘So are white people. So are white people. What a terrible question to ask. So are white people. More white people, by the way. More white people’That’s President Donald Trump during a CBS interview espousing the view that white people in the U.S. are killed by law enforcement more often than Blacks — a statement likely to be seen as particularly insensitive in the wake of the killing of George Floyd in May, as well as Breonna Taylor two months earlier.The Wall Street Journal has reported , with the U.S. in the midst of an economically debilitating pandemic and unrest over social justice...…‘So are white people. So are white people. What a terrible question to ask. So are white people. More white people, by the way. More white people’That’s President Donald Trump during a CBS interview espousing the view that white people in the U.S. are killed by law enforcement more often than Blacks — a statement likely to be seen as particularly insensitive in the wake of the killing of George Floyd in May, as well as Breonna Taylor two months earlier.The Wall Street Journal has reported , with the U.S. in the midst of an economically debilitating pandemic and unrest over social justice...WW…

Dow and broader stock-market futures turn positive amid upbeat report on Gilead's experimental coronavirus treatment
U.S. stock-index futures turned positive on Friday after a report from Gilead Sciences indicated that its experimental treatment for coronavirus was seeing positive results in reducing deaths. Futures for the Dow Jones Industrial Averagewere up 0.1% at 25,600, those for the S&P 500 indexwere trading up 0.1% at 3,144, while Nasdaq-100 futuresadvanced 0.1% at 10,740. Gilead published a report on Friday saying that its antiviral drug remdesivir showed that it reduced the risk of death for coronavirus patients by 62% compared with standard care alone.The findings are being presented at the...…U.S. stock-index futures turned positive on Friday after a report from Gilead Sciences indicated that its experimental treatment for coronavirus was seeing positive results in reducing deaths. Futures for the Dow Jones Industrial Averagewere up 0.1% at 25,600, those for the S&P 500 indexwere trading up 0.1% at 3,144, while Nasdaq-100 futuresadvanced 0.1% at 10,740. Gilead published a report on Friday saying that its antiviral drug remdesivir showed that it reduced the risk of death for coronavirus patients by 62% compared with standard care alone.The findings are being presented at the...WW…

‘Make no mistake…the pandemic morphed into a Depression-like crisis,’ says UCLA economist, who predicts U.S. economy won’t recover from coronavirus until 2023
The road to recovery for the U.S. economy from the COVID-19 pandemic could be a very long one, predicts David Shulman, senior economist at UCLA Anderson School of Management in a recently published quarterly research report.‘Make no mistake, the public health crisis of the pandemic morphed into a depression-like crisis in the economy.’Shulman said the current economic damage created by lockdowns and closures that have been put in place for months goes well beyond a garden-variety economic recession. “To call this crisis a recession is a misnomer,” he warned.“Make no mistake, the public...…The road to recovery for the U.S. economy from the COVID-19 pandemic could be a very long one, predicts David Shulman, senior economist at UCLA Anderson School of Management in a recently published quarterly research report.‘Make no mistake, the public health crisis of the pandemic morphed into a depression-like crisis in the economy.’Shulman said the current economic damage created by lockdowns and closures that have been put in place for months goes well beyond a garden-variety economic recession. “To call this crisis a recession is a misnomer,” he warned.“Make no mistake, the public...WW…

Here are 9 hand sanitizers that the FDA warns can be toxic if absorbed by the body
The Food and Drug Administration over the weekend issued a warning on nine alcohol-based hand sanitizers manufactured by Eskbiochem SA de CV in Mexico that it says contain wood methanol, a toxic substance that could ultimately result in death of absorbed through the skin or ingested.“Consumers who have been exposed to hand sanitizer containing methanol should seek immediate treatment, which is critical for potential reversal of toxic effects of methanol poisoning,” the FDA .“Substantial methanol exposure can result in nausea, vomiting, headache, blurred vision, permanent blindness,...…The Food and Drug Administration over the weekend issued a warning on nine alcohol-based hand sanitizers manufactured by Eskbiochem SA de CV in Mexico that it says contain wood methanol, a toxic substance that could ultimately result in death of absorbed through the skin or ingested.“Consumers who have been exposed to hand sanitizer containing methanol should seek immediate treatment, which is critical for potential reversal of toxic effects of methanol poisoning,” the FDA .“Substantial methanol exposure can result in nausea, vomiting, headache, blurred vision, permanent blindness,...WW…

‘More police officers are shot and killed by blacks than police officers kill African-Americans,’ claims former New York Mayor Giuliani
U.S. & Canada‘More police officers are shot and killed by blacks than police officers kill African-Americans.’That’s former New York Mayor Rudy Giuliani offering his perspective to Fox News on rising concerns that police disproportionately kill black Americans.“The unarmed shootings — which are the ones that are the troublesome ones — there are only 9 of them against blacks — 20 against whites in 2019. So that‘ll give you a sense. Meanwhile, there were 9,000 murders of blacks, 7,500 of which were black-on-black,” Giuliani told Fox’s Ed Henry during a recent interview.Breaking news:The...…U.S. & Canada‘More police officers are shot and killed by blacks than police officers kill African-Americans.’That’s former New York Mayor Rudy Giuliani offering his perspective to Fox News on rising concerns that police disproportionately kill black Americans.“The unarmed shootings — which are the ones that are the troublesome ones — there are only 9 of them against blacks — 20 against whites in 2019. So that‘ll give you a sense. Meanwhile, there were 9,000 murders of blacks, 7,500 of which were black-on-black,” Giuliani told Fox’s Ed Henry during a recent interview.Breaking news:The...WW…

The rise of mom-and-pop investors in the stock market will ‘end in tears,’ warns billionaire Cooperman
Billionaire Leon Cooperman on Monday said that the emergence of individual investors eagerly scooping up stocks that have been rocked amid the coronavirus-induced downturn will ultimately not end well for those individual investors.The ‘Robinhood markets are going to end in tears,” said Cooperman during CNBC’s show “Halftime Report” on Monday, referring to the popular online trading platform.‘They are just doing stupid things, and in my opinion, this will end in tears,’Cooperman referred to that free trading app Robinhood has added more than three million accounts this year, and now has...…Billionaire Leon Cooperman on Monday said that the emergence of individual investors eagerly scooping up stocks that have been rocked amid the coronavirus-induced downturn will ultimately not end well for those individual investors.The ‘Robinhood markets are going to end in tears,” said Cooperman during CNBC’s show “Halftime Report” on Monday, referring to the popular online trading platform.‘They are just doing stupid things, and in my opinion, this will end in tears,’Cooperman referred to that free trading app Robinhood has added more than three million accounts this year, and now has...WW…

‘The dollar is going to fall very, very sharply,’ warns prominent Yale economist
Stephen Roach, Yale University senior fellow and former Morgan Stanley Asia chairman, has a warning for U.S. dollar bulls. The prominent economist says that the era of the U.S. buck may be coming to an end and is forecasting a 35% decline soon in the U.S. currency against its major rivals, citing increases in the nation’s deficit and dwindling savings.The lecturer said during that the rise of China and the decoupling of the U.S. from its trade partners is setting the stage for a dramatic weakening of the U.S. currency in the next few years that is likely to end the supremacy of the monetary...…Stephen Roach, Yale University senior fellow and former Morgan Stanley Asia chairman, has a warning for U.S. dollar bulls. The prominent economist says that the era of the U.S. buck may be coming to an end and is forecasting a 35% decline soon in the U.S. currency against its major rivals, citing increases in the nation’s deficit and dwindling savings.The lecturer said during that the rise of China and the decoupling of the U.S. from its trade partners is setting the stage for a dramatic weakening of the U.S. currency in the next few years that is likely to end the supremacy of the monetary...WW…

Dow slumps more than 1,000 points as U.S. coronavirus cases rise, after Fed’s grim economic outlook
U.S. stocks swooned Thursday as coronavirus cases continued to rise and investors digested Wednesday’s downbeat economic outlook from the Federal Reserve.The market moves came even as the number of Americans filing for jobless benefits for the first time declined again in the most recent week.How are benchmarks performing? The Dowwas 1,050 points, 3.9%, lower mid-morning, near 25,940, while the S&P 500gave up 104 points or 3.3% to trade near 3,086. The Nasdaq Compositewas down about 237 points, 2.4%, near 9,783, one day after charting a new record above 10,000. The small-cap Russell...…U.S. stocks swooned Thursday as coronavirus cases continued to rise and investors digested Wednesday’s downbeat economic outlook from the Federal Reserve.The market moves came even as the number of Americans filing for jobless benefits for the first time declined again in the most recent week.How are benchmarks performing? The Dowwas 1,050 points, 3.9%, lower mid-morning, near 25,940, while the S&P 500gave up 104 points or 3.3% to trade near 3,086. The Nasdaq Compositewas down about 237 points, 2.4%, near 9,783, one day after charting a new record above 10,000. The small-cap Russell...WW…

Stock-market futures knocked around as U.S. cities rocked by protests amid pandemic
U.S. stock-index futures bounced around in thin trading early Monday morning, amid violent protests that reverberated throughout the country.The clashes between police and protesters come while the U.S., and much of the world, is in the throes of the coronavirus pandemic that has rocked the domestic economy to its core.What are stock benchmarks doing? Futures for the Dow Jones Industrial Averagewere little changed at 25,370, off 8 points, or less than 0.1%. Those for the S&P 500 indexwere 4.25 points, or 0.1%, lower at 3,037.75, while Nasdaq-100 futureswere trading 11 points lower at 9.549,...…U.S. stock-index futures bounced around in thin trading early Monday morning, amid violent protests that reverberated throughout the country.The clashes between police and protesters come while the U.S., and much of the world, is in the throes of the coronavirus pandemic that has rocked the domestic economy to its core.What are stock benchmarks doing? Futures for the Dow Jones Industrial Averagewere little changed at 25,370, off 8 points, or less than 0.1%. Those for the S&P 500 indexwere 4.25 points, or 0.1%, lower at 3,037.75, while Nasdaq-100 futureswere trading 11 points lower at 9.549,...WW…

The Dow just punched above an important line in the sand that may signal that a record high is next
U.S. & CanadaThe Dow closed above a key technical level that is viewed by market technicians as a signal that a new bullish trend may be at hand.The Dow Jones Industrial Averagefinished up 2.2% at 25,548.27 on Wednesday, with the market after being locked down for the past several weeks due to efforts to curb the spread of the COVID-19 pandemic.The Dow’s rally on Wednesday afternoon represents a steady move toward retracing 61.8% of the 124-year old benchmark’s coronavirus selloff from its record high in February to a low late March.The blue-chip benchmark’s finish above 25,364.89 on...…U.S. & CanadaThe Dow closed above a key technical level that is viewed by market technicians as a signal that a new bullish trend may be at hand.The Dow Jones Industrial Averagefinished up 2.2% at 25,548.27 on Wednesday, with the market after being locked down for the past several weeks due to efforts to curb the spread of the COVID-19 pandemic.The Dow’s rally on Wednesday afternoon represents a steady move toward retracing 61.8% of the 124-year old benchmark’s coronavirus selloff from its record high in February to a low late March.The blue-chip benchmark’s finish above 25,364.89 on...WW…

Dow surges 600 points, S&P 500 punches above key technical level as stock-market investors focus on Novovax, Merck vaccine candidates
U.S. stock benchmarks rallied Tuesday morning after Memorial Day weekend, as investors seized on fresh coronavirus vaccine news and signs that global economy was slowly starting to emerge from shutdowns induced by the viral pandemic. The Dow Jones Industrial Averagejumped around 600 points, or 2.5%, at 25,082, the S&P 500 indexclimbed 2% at 3,013, which was above its at 2,999.81--a level viewed by technical analysts as a key dividing line between long-term bullish and bearish trends. Meanwhile, the Nasdaq Composite Indexclimbed 1.4% at 9,447. On the corporate front, Novavax Inc.said it has...…U.S. stock benchmarks rallied Tuesday morning after Memorial Day weekend, as investors seized on fresh coronavirus vaccine news and signs that global economy was slowly starting to emerge from shutdowns induced by the viral pandemic. The Dow Jones Industrial Averagejumped around 600 points, or 2.5%, at 25,082, the S&P 500 indexclimbed 2% at 3,013, which was above its at 2,999.81--a level viewed by technical analysts as a key dividing line between long-term bullish and bearish trends. Meanwhile, the Nasdaq Composite Indexclimbed 1.4% at 9,447. On the corporate front, Novavax Inc.said it has...WW…

‘Capitalism as we know it will likely be changed forever’ and 9 other lasting implications of coronavirus, according to billionaire Leon Cooperman
U.S. & CanadaBillionaire Leon Cooperman says that the U.S. economy and markets may be facing lasting implications from the COVID-19 pandemic that has ravaged global economies.‘Capitalism as we know it will likely be changed forever.’Speaking during a Thursday morning interview on CNBC, the wealthy investor said the impact of the virus has changed things in 10 specific ways, in his view:Capitalism is altered due to the impacts on economies from the viral outbreakCooperman said politics in the U.S. are moving more to the left: “Taxes will have to go up.”Low interest rates may be lasting and...…U.S. & CanadaBillionaire Leon Cooperman says that the U.S. economy and markets may be facing lasting implications from the COVID-19 pandemic that has ravaged global economies.‘Capitalism as we know it will likely be changed forever.’Speaking during a Thursday morning interview on CNBC, the wealthy investor said the impact of the virus has changed things in 10 specific ways, in his view:Capitalism is altered due to the impacts on economies from the viral outbreakCooperman said politics in the U.S. are moving more to the left: “Taxes will have to go up.”Low interest rates may be lasting and...WW…

Dow jumps near the open even as unemployment ranks top 26 million
U.S. stocks climbed Thursday morning after weekly data showed the pace of job losses slowing, while Congress was expected to vote on further aid for small businesses later in the session.How are benchmarks performing? The Dow Jones Industrial Averagegained 236 points, 1%, at around 23,711 while the S&P 500added about 30 points or 1.1% at 2,829. The Nasdaq Compositejumped 100 points, or 1.2%, to trade near 8,594., the Dowadvanced 456.94 points, or 2%, to finish at 23,475.82. The S&P 500gained 62.75 points, or 2.3%, to end at 2,799.31. The Nasdaq Composite Indexclimbed 232.15 points, or 2.7%,...…U.S. stocks climbed Thursday morning after weekly data showed the pace of job losses slowing, while Congress was expected to vote on further aid for small businesses later in the session.How are benchmarks performing? The Dow Jones Industrial Averagegained 236 points, 1%, at around 23,711 while the S&P 500added about 30 points or 1.1% at 2,829. The Nasdaq Compositejumped 100 points, or 1.2%, to trade near 8,594., the Dowadvanced 456.94 points, or 2%, to finish at 23,475.82. The S&P 500gained 62.75 points, or 2.3%, to end at 2,799.31. The Nasdaq Composite Indexclimbed 232.15 points, or 2.7%,...WW…

S&P 500 companies spent $7 trillion on buybacks and dividends and “been rewarded’ by coronavirus bailouts, says Social Capital CEO
U.S. & Canada‘When you do things like buybacks and dividends, what you are essentially saying is, you are throwing your hands up in the air and declaring to the world: “I do not know what to do with this money.”’Chamath Palihapitiya, chief executive of venture-capital firm Social Capital LP, argued during an interview on CNBC’s “Fast Money Halftime Report” Wednesday that stock repurchases by corporations are a bad use of funds and have left companies vulnerable to this current COVID-19 crisis.The wealthy, outspoken investor said that the companies that make up the S&P 500have expended some...…U.S. & Canada‘When you do things like buybacks and dividends, what you are essentially saying is, you are throwing your hands up in the air and declaring to the world: “I do not know what to do with this money.”’Chamath Palihapitiya, chief executive of venture-capital firm Social Capital LP, argued during an interview on CNBC’s “Fast Money Halftime Report” Wednesday that stock repurchases by corporations are a bad use of funds and have left companies vulnerable to this current COVID-19 crisis.The wealthy, outspoken investor said that the companies that make up the S&P 500have expended some...WW…

Coronavirus creates a market of ‘haves and have-nots,’ with the Dow posting its best 2-week run in 82 years amid 22 million job losses
U.S. & Canada“It was the best of times, it was the worst of times…it was the spring of hope, it was the winter of despair,” to borrow from the opening lines of Charles Dickens’s “A Tale of Two Cities.”In this case, the epoch of coronavirus that has infected some 2.2 million people globally has essentially created a tale of two markets: one of Wall St. and the other of Main St.On Wall St., hope of reopening plans and for the deadly illness has propelled the Dow Jones Industrial Averageto its best two-week run since 1938, according to Dow Jones Market Data.On Main St., the market for jobs has...…U.S. & Canada“It was the best of times, it was the worst of times…it was the spring of hope, it was the winter of despair,” to borrow from the opening lines of Charles Dickens’s “A Tale of Two Cities.”In this case, the epoch of coronavirus that has infected some 2.2 million people globally has essentially created a tale of two markets: one of Wall St. and the other of Main St.On Wall St., hope of reopening plans and for the deadly illness has propelled the Dow Jones Industrial Averageto its best two-week run since 1938, according to Dow Jones Market Data.On Main St., the market for jobs has...WW…

How the stock market has performed during past viral outbreaks, as coronavirus spreads to Italy and Iran
U.S. equity markets have experienced turbulent trade recently as investors keep watch of a deadly viral outbreak of COVID-19 in China. There are now 79,407 cases of COVID-19 in 32 countries and 2,622 deaths, .However, gauged by the market’s performance during the onset of other infectious diseases, including SARS, or severe acute respiratory syndrome, Ebola and avian flu, Wall Street investors may have little to fear that the pathogen will sicken a U.S. stock market that finished 2019 with the best annual return in years and finished Thursday trade at all-time highs.That said, many...…U.S. equity markets have experienced turbulent trade recently as investors keep watch of a deadly viral outbreak of COVID-19 in China. There are now 79,407 cases of COVID-19 in 32 countries and 2,622 deaths, .However, gauged by the market’s performance during the onset of other infectious diseases, including SARS, or severe acute respiratory syndrome, Ebola and avian flu, Wall Street investors may have little to fear that the pathogen will sicken a U.S. stock market that finished 2019 with the best annual return in years and finished Thursday trade at all-time highs.That said, many...WW…

‘It’s a complete abomination’ says Wall Street money manager about hedge funds applying for bailouts from small-business recovery funds
‘It’s a complete abomination.’Tha’s Nate Koppikar, a partner at Orso Partners, as quoted in a expressing his displeasure with the prospect of hedge funds claiming bailout money intended to help cash-strapped small businesses in the throes of a deep recession wrought by the outbreak of COVID-19.The Bloomberg article makes the case that hedge funds, which tend to charge 2% fees for managing other people’s money and take 20% of the profits from their bets, are enticed by the roughly $350 billion recovery package that offers loans to cover everything from payroll to rent and utilities for hair...…‘It’s a complete abomination.’Tha’s Nate Koppikar, a partner at Orso Partners, as quoted in a expressing his displeasure with the prospect of hedge funds claiming bailout money intended to help cash-strapped small businesses in the throes of a deep recession wrought by the outbreak of COVID-19.The Bloomberg article makes the case that hedge funds, which tend to charge 2% fees for managing other people’s money and take 20% of the profits from their bets, are enticed by the roughly $350 billion recovery package that offers loans to cover everything from payroll to rent and utilities for hair...WW…

Dow futures surge into positive territory after Fed unleashes unlimited stimulus plan to combat coronavirus problem
Futures for the Dow Jones Industrial Average surged Monday morning after the Federal Reserve took surprising action before the market opened to address dislocations that have been cropping up in financial markets amid the coronavirus outbreak, which has brought to a halt business activity across the globe. The Fed on Monday morning said it would buy assets "in the amounts needed" to support smooth market functioning and effective transmission of monetary policy. The Fed had previous set a $700 billion limit for asset purchases. The news delivered a jolt to markets that were set to register...…Futures for the Dow Jones Industrial Average surged Monday morning after the Federal Reserve took surprising action before the market opened to address dislocations that have been cropping up in financial markets amid the coronavirus outbreak, which has brought to a halt business activity across the globe. The Fed on Monday morning said it would buy assets "in the amounts needed" to support smooth market functioning and effective transmission of monetary policy. The Fed had previous set a $700 billion limit for asset purchases. The news delivered a jolt to markets that were set to register...WW…

Trump touts ‘biggest stock market rise in history yesterday,’ but many investors believe worst isn’t over amid coronavirus panic
‘BIGGEST STOCK MARKET RISE IN HISTORY YESTERDAY!’That is Trump on Saturday morning, referencing the Friday surge by the Dow Jones Industrial Averagethe S&P 500 indexand the Nasdaq Compositewhich constituted the major equity benchmarks’ biggest daily percentage gains since 2008.was the largest ever on a points basis, much as , and , respectively, had delivered the blue-chip index’s largest, second largest and third largest one-day point declines.But Friday’s rally in U.S. stocks that Trump tweeted about only recovered most of the losses suffered a day earlier, when the market saw its worst...…‘BIGGEST STOCK MARKET RISE IN HISTORY YESTERDAY!’That is Trump on Saturday morning, referencing the Friday surge by the Dow Jones Industrial Averagethe S&P 500 indexand the Nasdaq Compositewhich constituted the major equity benchmarks’ biggest daily percentage gains since 2008.was the largest ever on a points basis, much as , and , respectively, had delivered the blue-chip index’s largest, second largest and third largest one-day point declines.But Friday’s rally in U.S. stocks that Trump tweeted about only recovered most of the losses suffered a day earlier, when the market saw its worst...WW…

Dow futures soared 5% Friday and triggered ‘limit up’ trading rules—here’s how that works
U.S. stocks have been experiencing some of the most volatile trade in a decade and that trend is continuing Friday morning, with the three main stock-index futures up against a 5% limit-up volatility rule, a day after the S&P 500 index and the Dow Jones Industrial Average marked their worst one-day decline since the 1987 crash.Futures for the most-active Dow Jones Industrial Averagefor March were up 5.3% at their intrasession peak Tuesday, at 22,054, while S&P 500 futuresreached an intrasession high at 2,582, up 5.1%. Nasdaq-100 futuressoared 5.66% to an intraday peak at 7,609.25.On the Dow...…U.S. stocks have been experiencing some of the most volatile trade in a decade and that trend is continuing Friday morning, with the three main stock-index futures up against a 5% limit-up volatility rule, a day after the S&P 500 index and the Dow Jones Industrial Average marked their worst one-day decline since the 1987 crash.Futures for the most-active Dow Jones Industrial Averagefor March were up 5.3% at their intrasession peak Tuesday, at 22,054, while S&P 500 futuresreached an intrasession high at 2,582, up 5.1%. Nasdaq-100 futuressoared 5.66% to an intraday peak at 7,609.25.On the Dow...WW…