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The Gazette in Medina, Ohio

20 May 2020

Page 9

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The Gazette May 20, 2020 Page 9 old newspaper archives

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Articles on This Page

This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

May 20, 2020

Page

9

Late slump drags down major stock indices

U S stocks closed lower after a day of wobbly trading following a strong rally. The S P 500 slipped 1 percent to 2 922 94 while the Dow fell 390 51 points to 24 206 86 and the Nasdaq shed 49 72 points to 9 185 10. Investors weigh reopening risks against possible further stimulus and corporate results underscore consumer weakness.

MENTIONED IN THIS ARTICLE

Wall Street Eric Freedman U.S. Bank Wealth Management U.S Dow Industrials Dow Transportation Dow Utilities NYSE S&p Russell At&t Inc LincNat AMD Ee MGM Rests Alibaba Macys Amber Marathnn Amé Airlines McDalds Apple Inc Microsoft A BcoBrad Micro NiSource Carnival NokiaCp Northropg Cedarf NorwCruise Cisco OasisPet Citigroup ClovisOncei OcciPet CocaCola OwensCorn Comcast PanNiGm DeltaAir Iy PepsiCo Petrobras Denburyr Disney Dynavaxt Remrkhi H EggTrasfr RittrPh ExxonMbl Seamm Facebook Sherwin Aes FirstEngy Shiloh FordMac Siriusxm Frptmim Smucker T-Mobileus HomeDp HuntBnesh Target novioPhm Biosys Npixon Rs Uber Tch Ntel Utd Airlhi Nvacare VBI Vacc nvMigCap Vale SA Trauunh VerizonCm WalMart Jd.com KemPhm If WellsFargo Keycorp Wendys Co Kinross G Yamana G Kohls YumBrnds Exch Sweet NYMX CME New York Mercantile Exchange Chicago Board of Trade Chicago Mercantile Exchange ICE Intercontinental Exchange AmrenBalAm CptWidGrincAm CptlincBldrA_ m Fdmilinvs NwPrspctvAm Wamtinvsam Dodge & Cox Inc Dodge & Cox Fidelity Franklin Templeton IncAr_m Metropolitan West Pimco Incinstl PIMCO Schwab T. Rowe Price Bcgr Vanguard Vanguard PrmCpAdmrl Vanguard Stinvmgrdadmrl Vanguard Tibmidxadmil Vanguard Tibmidxins Vanguard TtInBldxAdmil
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Bumper tables debut to aid dining amid virus outbreak

In Ocean City Maryland diners return to meals using inflatable bumper tables on wheels to maintain six foot distancing. About a dozen were used at Fish Tales with plans to expand. Owner and producer note strong interest from other venues.

MENTIONED IN THIS ARTICLE

Ocean City Maryland Fish Tales Revolution Event Design & Production Erin Cermak The Baltimore Sun Shawn Harman Cermak Harman
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Walmart online sales surge amid virus pandemic

Walmart emerged as a lifeline during the coronavirus outbreak with a 74 percent rise in U S online sales for the fiscal first quarter ending April 30. U S same store sales rose 10 percent as demand for food health and wellness goods surged and shoppers bought non essentials like clothing TVs and video games with stimulus checks. The retailer leveraged nearly 5 000 stores and flexible delivery options to meet demand and attract new customers across income brackets.

MENTIONED IN THIS ARTICLE

New York Walmart U.S Amazon Neil Saunders GlobalData Retail
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CBO projects sluggish recovery after sharp GDP drop

The Congressional Budget Office warns the U S economy will shrink 38 percent annualized in Q2 with unemployment around 15 percent and about 26 million fewer jobs than late 2019. Recovery remains slow, with GDP and employment still below 2019 levels by late 2021. Consumer spending plunged as many businesses closed and stay at home orders persisted.

MENTIONED IN THIS ARTICLE

Washington Congressional Budget Office U.S CBO
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Fed Freedman Associated Press the Gazette the Market IN Review Dow Jones Naspan Bellero SorrentoTh GenElec Protarars ApreaThn Fordm AcerTh I-Mab Phathom DeltaAir KerumTh ClovisOnc NorwCruis SkySolr Rs Biontech Moderna Arbutus Gossamr AmAirlines OnoTher Doe SEC Associated Presssures
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