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The 701,000 US jobs lost during the March period snapped a 113-quarter streak of additions dating back to 2010.
"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.
The US is not headed for a depression and it makes sense to buy stocks at current prices, according to the chief strategist of JPMorgan’s $2 tri...
David Kelly says the market may dip further from here, but for long-term investors, stocks could offer good value even if you are pessimistic about the economy.
"We hit 3M hard today after seeing what they were doing with their Masks."
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.
‘Another cataclysmic week’: Stocks climb as signs of relief in oil markets outweigh fears of record US jobless claims
Hopes for stronger crude demand and the end of the Russia-Saudi Arabia price war beat out concerns about another 3 million unemployed Americans.
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.
New disclosure reveals Sen. Kelly Loeffler and her husband dumped retail stock and bought shares in a company that manufacturers medical supplies
Loeffler and her husband have come under scrutiny for dumping hundreds of thousands in stocks before the market dropped over the coronavirus outbreak.
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."