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The Gazette in Medina, Ohio

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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

May 19, 2020

Page

12

Vaccine hopes lift stocks as market rebounds

Wall Street rallied on optimism over a potential coronavirus vaccine and a second half U.S. economic recovery. The S&P 500 rose 3.2 percent, Dow gained 911.95 points, Nasdaq up 220.27, and Moderna jumped about 20 percent on encouraging early testing. Oil rose above $30 a barrel as demand climbs amid easing restrictions.

U.S Wall Street Moderna Federal Reserve Jerome Powell Megan Horneman Verdence Capital Advisors International Standard Treasury S&p 500 Congress S&p Dow Industrials Dow Transportation Dow Utilities NYSE Nasdaq Wilshire Russell IMV Inc At&t Inc Marathno AMD McDalds Amber Microsoft AmAirlines Microvisnge Annaly Apple Inc NewellBr EcoBrad NiSource BkofAm NokiaCp BedBath Northropg Boeing Aks NorwCruisa CallonPet Carnival Novaux Citigroup CocaCola Penney Comcast PepsiCo Crackerb A Petrobras Delta Airae Remrkhi H Denburyr Disney EggTrasfr RylCarb ExxonMbl FirstEngy Sherwin FordMac Shiloh Smucker GenElec Snapline GeniusBr H SorrentoTh Hallibrin SwstAirl HomeDp HostHodls SpiritAir HuntBnesh iBio Target Transcen novioPhm Biosys Intel Vereit VerizonCm Jpmorgch WalMart Keycorp KitovPh WellsFargo Kohls Wendys Co LincNat Yamanag MGM Rsts YumBrids Macys Sweet Crude NYMX New York Mercantile Exchange Chicago Board of Trade CME Chicago Mercantile Sugar (World) Exchange ICE Intercontinental Exchange Mutua American Funds AmrcnBalAm CpiWi Incamrca Inccamrca NwPrspctvAm Wamtinvsam Dodge & Cox Inc Dodge & Cox IntlStk Fidelity Contrafund Fidelity Franklin Templeton IncAr_m Metropolitan West Pimco Incinstl PIMCO Vanguard Vanguard GrldxAdmil Vanguard Hcadmr Vanguard Intiteadmil Vanguard Insidxins InsidxInsPlus Vanguard Insttsmiinpis Vanguard MdCpldxAdmil Vanguard PrmCpAdmi Vanguard tInBidxAdmil Doe SEC The Associated Press

April sales drop sets record across retailers

Global outbreak shocks economies with fast spread. Germany slides into recession while China shows uncertain recovery. U S retail sales plunge 16.4 percent as Plan for major retailers looms with J C Penney filing Chapter 11. Amazon augments fashion push with Vogue tied effort. Newsrooms trim staff amid ad declines.

Federal Reserve U.S Office Depot Nike China South Korea

Slow start for 500 billion rescue fund loans

A congressional oversight panel reports the 500 billion Treasury fund to back Federal Reserve lending programs has disbursed little. Only one program began May 11 with 37.5 billion, aiding large firms, states and cities. the panel questions evaluation methods and transparency while Powell pledges disclosure of borrowers.

Washington Treasury Department Federal Reserve Congressional Treasury Fed Congressional Oversight Commission House Nancy Pelosi D-Calif Senate Mitch McConnell R-Ky Commission Treasury Fund Jerome Powell Central Bank Powell CBS 60 Minutes Congress

Also Mentioned on This Page

Germany Europe Communist Party J.C. Penney Co J.crew Neiman Marcus Stage Amazon Vogue Magazine Ryan Roche Morgan Lane Vogue Council of Fashion Designers of America Singapore Airlines SilkAir Scoot Vice Quartz BuzzFeed Conde Nast Economist Pew Research Madrid Spain Matthew Daily Associated Pre the Market IN Review Dow Jones Naspan
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