Wall Street Rebounds On Virus Aid Hopes And Swings
Stocks recover most losses as hopes grow for a coordinated government and central bank response to the coronavirus outbreak. The S&P 500 rose 4.9 percent after volatile moves, with traders awaiting rate cuts and fiscal relief and noting potential impacts on households and businesses.
MENTIONED IN THIS ARTICLE
New York
Wall Street
U.S
Donald Trump
Senate
China
Fed
European Central Bank
BlackRock Investment Institute
Economic toll of COVID-19 hits U S sectors hard
The virus disrupts airlines, health care, energy, and workplaces as shutdowns and fear ripple nationwide. Airlines offer flexible rebooking through April, Humana waives COVID tests costs, Occidental cuts dividend, Boeing worker infected, Walmart offers emergency leave with pay, SEC staff told to work remotely, Port Everglades travelers urged to isolate, auto show may be postponed to August.
MENTIONED IN THIS ARTICLE
U.S
Boston
Associated Press
United Airlines
Delta Air Lines
American Airlines
Humana
Louisville
Kentucky
Boeing
Everett
Washington
Puget Sound
Walmart
Sam’s Club
Securities and Exchange Commission
Florida Department of Health
Port Everglades
Chris Sams
Sams
Saudi Aramco raises output to record 12.3 million bpd
Saudi Aramco said it will boost crude oil production to 12.3 million barrels per day in April, a record, after Russia refused to cut output. The move spurred Brent above 37 dollars, with analysts noting stored barrels may be released. The price drop coincides with reduced travel demand from the coronavirus, likely easing U.S. pump prices.
MENTIONED IN THIS ARTICLE
Dubai
United Arab Emirates
Saudi Arabia
Saudi Aramco
Russia
U.S
AAA
PG&E wildfire settlement eyed to unlock bankruptcy exit in June
A PG&E lawyer disclosed a potential agreement with FEMA and California OES to limit disaster-relief claims to 1 billion dollars, aiming to pay victims first as the utility races toward a June 30 bankruptcy exit. The deal, still under final negotiation, could ease tensions among agencies and victims amid ongoing court proceedings.
MENTIONED IN THIS ARTICLE
California
Pg&e
San Francisco
Federal Emergency Management Agency
Office of Emergency Services
Stephen Karotkin
Karotkin
U.S
Dennis Montali
FEMA
Also Mentioned on This Page
Aid
Stan Choe
Alex Veiga
Greg McBride
Bankrate.com
McBride
Reg
New York Stock Exchange
The
Occidental Petroleum Corp
Key Battle
Pacific Gas & Electric
Wells Fargo
Congress
Charles Scharf
Tim Sloan
Sloan
Scharf
Bank of New York Mellon
Visa
Federal Reserve
Rep
Gregory Meeks
D-N.y
the Market IN Review
Dow Jones
S&p
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Wilshire
Russell
BkofAm
OcciPet
CypSemi
EnzoBio
Teekay
CoDiagn
Marathno
JustEn Pfa
Digirad Rs
Fordm
WstnMids
AscenaRts
GenElec
PlanetGrn
Angrens
AMD
TeekyTak
Vale SA
MGM Rsts
At&t Inc
McDalds
Amber
Micront
Amé Airlines
Microsoft
Apple Inc
MorgStan
Autobios
Nabors
BkofAm Rr
BedBath
Newell Br
NiSource
CaesarsEnt
NokiaCp
CallonPet
Northropg
Carnival
Novan
Cedarf
ChesEng
OasisPet
Cisco
OpkoHlth
Citigroup
CocaCola
Oracle
Ovintv Grs
Comcast
OwensCorn
ContiRescs
PepsiCo
Delta Air
Petrobras
Denburyr
Pfizer
EggTrustr EntProdPt
RangeRs
ExxonMbl
RylCarb
FirstEngy
Schimbrg
Sherwin
Frotmim
Shiloh
GileadSci
Sirilusxm
Smucker
Hallibrin
Snapinc Aed
HomeDp
SwitnEngy
HuntBnesh
Sprint
Bio
novioPhm
Target Ntel
Transcen
Twitter
Nvacare
Uber Twin
Tauunh
VerizonCm
Jpmorgch
Keycorp
WPX Engy
KindMorg
Kinross G
WellsFargo
Kohls
Wendys Co
KosmosEn 1815
WmsCos
LincNat
Yamanag
LloydBrig
YumBrids
Exch
Lt Sweet Crude Nymx
NYMX
New York Mercantile Exchange
CBOT
Chicago Board of Trade
CME
Chicago Mercantile Sugar (World
ICE
Intercontinental Exchange
American Funds
AmrcnBalAm
CptWidGrincAm
Aife
Fdmillavsa
CpilincBldrAm
Wamtinvsam
Dodge & Cox Inc
Dodge & Cox Intistk
Dodge & Cox
Fidelity
Fidelity Contrafund
Franklin Templeton
Schwab Sp500idx
T. Rowe Price Bcgr
Vanguard
Vanguard Hcadmrl
Vanguard InsidxIns
InsldxInsPlus
Vanguard Insttsmiinpis
Vanguard PrmCpAdmrl
Vanguard Stinvmardadmrl
Vanguard Tibmidxadmil
Vanguard Tibmidxins
Doe
SEC