The Federal Reserve's unparalleled steps to directly backstop the U.S. economy and its willingness to purchase vast sums of U.S. government debt, mortgage-backed securities and even corporate bonds could help boost depleted liquidity in the $17-trillion Treasury market.
Department-store chain Nordstrom said that it is suspending share repurchases and, starting in its fiscal second quarter, its quarterly dividend. Mining company Freeport-McMoRan is suspending the first-quarter dividend on its common stock
Inseego (INSG) closed at $5.15 in the latest trading session, marking a -0.39% move from the prior day. This move was narrower than the S&P 500's daily loss of 2.93%. Meanwhile, the Dow lost 3.04%, and the Nasdaq, a tech-heavy index, lost 0.27%.
Sprint (S) closed the most recent trading day at $7.63, moving +1.73% from the previous trading session. This change outpaced the S&P 500's 2.93% loss on the day. Elsewhere, the Dow lost 3.04%, while the tech-heavy Nasdaq lost 0.27%.
Amkor Technology (AMKR) closed the most recent trading day at $6.96, moving +0.14% from the previous trading session. This change outpaced the S&P 500's 2.93% loss on the day. Elsewhere, the Dow lost 3.04%, while the tech-heavy Nasdaq lost 0.27%.
BlackBerry (BB) closed the most recent trading day at $3.44, moving +1.78% from the previous trading session. The stock outpaced the S&P 500's daily loss of 2.93%. At the same time, the Dow lost 3.04%, and the tech-heavy Nasdaq lost 0.27%.
In the latest trading session, Skyworks Solutions (SWKS) closed at $75.02, marking a +1.83% move from the previous day. This move outpaced the S&P 500's daily loss of 2.93%. At the same time, the Dow lost 3.04%, and the tech-heavy Nasdaq lost 0.27%.
PepsiCo (PEP) closed at $105.18 in the latest trading session, marking a +1.2% move from the prior day. This change outpaced the S&P 500's 2.93% loss on the day. Meanwhile, the Dow lost 3.04%, and the Nasdaq, a tech-heavy index, lost 0.27%.
Paypal (PYPL) closed at $85.26 in the latest trading session, marking a -1.64% move from the prior day. This change was narrower than the S&P 500's daily loss of 2.93%. Elsewhere, the Dow lost 3.04%, while the tech-heavy Nasdaq lost 0.27%.
T-Mobile (TMUS) closed at $75.70 in the latest trading session, marking a +1.54% move from the prior day. This move outpaced the S&P 500's daily loss of 2.93%. At the same time, the Dow lost 3.04%, and the tech-heavy Nasdaq lost 0.27%.
In the latest trading session, Invitae (NVTA) closed at $10.09, marking a -0.59% move from the previous day. This change was narrower than the S&P 500's daily loss of 2.93%. At the same time, the Dow lost 3.04%, and the tech-heavy Nasdaq lost 0.27%.
Nokia (NOK) closed the most recent trading day at $2.65, moving -0.38% from the previous trading session. This change was narrower than the S&P 500's 2.93% loss on the day. Elsewhere, the Dow lost 3.04%, while the tech-heavy Nasdaq lost 0.27%.
Owens & Minor (OMI) closed at $5.83 in the latest trading session, marking a -1.35% move from the prior day. This change was narrower than the S&P 500's 2.93% loss on the day. Meanwhile, the Dow lost 3.04%, and the Nasdaq, a tech-heavy index, lost 0.27%.
Audioeye, Inc. (AEYE) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items.
In undertaking what will undoubtedly be its largest rescue effort ever, the Federal Reserve on Monday announced programs that represent a never-before-seen intervention by the central bank into the heart of the "real" American economy.