Thursday, April 16, 2020
Evening
- Dow futures rip 700 points higher amid report Gilead drug showing effectiveness treating coronavirus
- Wall Street rises as Amazon and Netflix hit record highs
- Oil prices mixed after OPEC lowers oil demand forecast due to coronavirus
- Coronavirus live updates: 2020 swing states clobbered by pandemic, but Fed’s Harker says jobs will return
- New York and other East Coast states extend shutdown of nonessential businesses to May 15, Gov. Cuomo says
- Small business rescue loan program hits $349 billion limit and is now out of money
- Fed's Bostic: Small business may need up to $500 bln monthly in support through crisis
- Britain cannot ease up on lockdown at this dangerous stage - minister
- Hedge fund Elliott says stocks could fall 50% from February highs
- China’s Export Restrictions Strand Medical Goods U.S. Needs to Fight Coronavirus, State Department Says
- Neiman Marcus misses bond payments to hedge fund
General
- Stocks head for higher ground, oil stuck in a rut
- Jobless claims total 5.245 million as 22 million positions have been lost in a month due to coronavirus
- US housing starts plunge 22.3% to 1.216 million in March, vs 1.3 million expected
- With confidence shattered, the road to a 'normal' U.S. economy looks long
- Coronavirus live updates: Trump to unveil reopening guidelines, China races toward a vaccine
- China's home prices return to growth in March as pandemic impact starts to ease
- Trump says U.S. investigating whether virus came from Wuhan lab
- China tries to revive economy but consumer engine sputters
- Brazil government, banks in talks about bailing out companies
- Greenland’s ice sheet melts by record amount due to climate change, study shows
- Oil’s Collapse Is Taking an Entire Service Industry Down With It
- Desperate Companies Seek Lender Reprieves After Revenues Erased
- It’s the End of the World Economy as We Know It
- Coronavirus Closures Froze Swaths of U.S. Economy in March
- Business Leaders Urge Trump to Dramatically Increase Coronavirus Testing
- Mnuchin sets out opposition to rescue plan for emerging markets
- Eurozone faces economic strains as government debt piles up
- Coronavirus crisis inflicts a double blow to pensions
- Neel Kashkari: Big US banks should raise $200bn in capital now