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The Gazette in Medina, Ohio

31 Mar 2020

Page 3

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Mar 31, 2020

Page

3

Wall Street gains ride on healthcare rally in virus era

U S stocks climbed led by Johnson & Johnson and Abbott as healthcare shares surged on COVID-19 vaccine and test news. The S&P 500 rose 3.4 percent, Dow up 690.70, Nasdaq up 271.77 as markets weigh virus impact and policy. Oil fell to an 18 year low with crude near 20 per barrel while Fed stimulus supports liquidity.

MENTIONED IN THIS ARTICLE

New York U.S Johnson & Johnson Abbott Laboratories Federal Reserve Treasurys Capitol Hill Sam Stovall CFRA Morgan Stanley S&p Dow Industrials Dow Transportation Dow Utilities NYSE Wilshire Russell Fordm Owens Min GenElec Pluristm Rs Mtg Pfa BkofAm AMD Cap AG Mtg Pfc Athersys SuperCm If AIM Imrs Microsoft Axellahi AG Migelt MFA Fuel Marathno KratonCp Boeing At&t Inc LincNat AbbottLab MFA Fncl MGM Rsts Amé Airlines Macys Annaly Marathnn Apache McDnids Apple Inc Micront Aurorac Autobios Newell Br BP PLC NiSource BartickGld NokiaCp BedBath Northropg OcciPet CaesarsEnt OwensCorn CallonPet Carnival Cedarf PepsiCo ChesEng Petrobras Cisco Pfizer Citigroup CocaCola RylCarb Comcast Schimbrg Crackerb Sherwin Delta Air Shiloh Denbury R Sirilusxm Disney Smucker EggTrustr Snapinc A ExxonMbl SwsinEngy Facebook Sprint FirstEngy Suncor G Frptmcm SuperCm II GenElec Target Groupon Hallibrun Taronis Rs TevaPhrm HomeDp Tilray HuntBnesh InovioPhm ToughBit Intel Witter IBM Uber Twin Invacare Vereit Kauunh VerizonCm WalMart Jpmorgch Sweet Crude NYMX CME Chicago Board of Trade Chicago Mercantile New York Mercantile Exchange ICE Intercontinental Exchange Init AmronBalAm FdmillavsAm GrfAmrcAm Incamrca m Invcamrca m Nwprspctva Wamtinvsa m Dodge & Cox Inc Dodge & Cox IntlStk Dodge & Cox Fidelity Franklin Templeton Vanguard DiverIav Vanguard GridxAdmrl Vanguard Hcadmrl Vanguard Intiteadmrl Vanguard InsidxIns InsldxInsPlus PrmCpAdmrl Vanguard Stinvmgrdadmrl Doe SEC Associated
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Major retailers furlough majority of workers amid shutdowns

Macy's Kohl's and Gap Inc announce large scale furloughs totaling about 285000 employees as store closures and collapsed sales from the pandemic hit. Macy's plans to operate with a minimal workforce while continuing basic operations. Kohl's will keep curbside pickup with limited staff. Gap says nearly 80000 workers are furloughed but benefits remain. Nordstrom and Designer Brands also cut staff. analysts foresee more layoffs as cash runs down.

MENTIONED IN THIS ARTICLE

New York Macy’s Kohl’s Gap Inc Menomonee Falls Wisconsin Gap’s Sandy Goldberg Banana Republic Old Navy Cowen & Co
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Instacart and Amazon Workers Strike Over Virus Safeguards

New York strikers from Instacart and Amazon walk off the job demanding hazard pay and paid sick leave amid a surge in orders. Workers cite lack of hours and benefits for part timers, while companies pledge sanitation gear and pay boosts. a nationwide sickout is planned by Whole Worker for Wednesday.

MENTIONED IN THIS ARTICLE

New York Demic Whole Worker Whole Foods Instacart Amazon Shanna Foster
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Wall Street Stan Choe Alex Veiga Associated Press Congress Donald Trump Nordstrom Designer Brands Inc DSW Designer Shoe Herald Square Dennis Gaishauser Alexandra Olson Mae Anderson Medina County Stanley D. Scheetz Cox the Market IN Review Dow Jones Nyse Anp Naspaaq
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