Home Tags S&P 500

Tag: S&P 500

Dow slides 361 points after the US economy loses far more jobs than expected in March

The 701,000 US jobs lost during the March period snapped a 113-quarter streak of additions dating back to 2010.
Wall Street stands empty as people stay away from the area due to the coronavirus on March 24, 2020 in New York City.

Goldman Sachs: The stock market’s biggest driver will plunge 123% in a brutal 2nd quarter

Declines across the energy, consumer discretionary, and industrial sectors will most-significantly weigh on the broad index, Goldman said.

Dow slides after the US economy loses far more jobs than expected in March

"Even after the health crisis has peaked, the economic ramifications are set to continue to be a drag on risk assets,"said Han Tan of FXTM.

Dow climbs 470 points as oil spikes more than 20%, outweighing record US unemployment filings

Oil surged as much as 35% on Thursday, leading a sharp rally in energy stocks that lifted the entire market.

Bank of America slashes its S&P 500 price target by 16% to the lowest on Wall Street, cites ‘deepest post-war recession’ on record

Still, "panic selling is a recipe for losing money: the best days typically follow the worst days," said Savita Subramanian of Bank of America.

Dow plunges 974 points after Trump warns of ‘painful’ times to come and a ‘shocking’ coronavirus death toll

Investors were rattled by Trump telling Americans to brace for a "very, very painful two weeks" during an address on Tuesday.

Dow slumps 800 points after Trump warns of ‘painful’ times to come and a ‘shocking’ coronavirus death toll

Trump told Americans to brace for a "very, very painful two weeks," adding, "this is going to be three weeks like we've never seen before."

Dow caps worst first quarter ever with 410-point drop on continued coronavirus fears

Fears of a widespread coronavirus-led economic slowdown have taken a massive bite out of stock prices over the past six weeks.

Dow slips 175 points as investors weigh the continued spread of coronavirus

Major banks have slashed GDP forecasts as spiking unemployment and mounting virus cases punts an economic recovery further into 2020.

Dow climbs 691 points as healthcare firms make progress towards coronavirus treatment

US stocks extended gains from a rally last week as Johnson & Johnson and Abbott Labs served as bright spots for investors.