Stocks across industries are sinking, and a new bear market began this week. But some of the shares that are taking a hit today may not show many battle scars from the coronavirus outbreak when earnings season rolls around. The coronavirus outbreak started in China in January an
What happened
Shares of tech stocks large and small got a last-minute (or more precisely, a last hour) boost in Friday trading. After President Trump went on television at 3 p.m. EDT and declared the coronavirus to be a "national emergency" in America, he sparked a stock rally
The stock market surged higher on Friday, ending a brutal week for investors on a positive note. Specifically, the S&P 500 jumped 9.2%. It was the biggest one-day rise for the market index since October 2008. The market's gain helped offset steep losses in the market over th
With the global coronavirus outbreak showing no sign of stopping, many companies around the world are asking employees who can work remotely to do so. Pfizer (NYSE: PFE) just made it mandatory for all "customer-facing" employees in the U.S. to work remotely and avoid in-person c
Just when the week seemed like it couldn't get any more volatile, it did. But at least this time, the big move was upward -- a relief for investors after watching the Dow Jones Industrial Average fall 10% on Thursday. On Friday, the Dow rebounded and roared 9.4% higher.
On Friday, President Donald Trump announced that he has instructed the Secretary of Energy to begin buying tens of millions of barrels of oil for the Strategic Petroleum Reserve. "We're going to fill it right up to the top," he said in a White House speech that primarily focused
As the bright lights of professional sports go dark across the United States this week, some top names from the NBA were pitching in to ease the burden for arena and stadium staff facing the grim possibility of weeks without pay in the coronavirus shutdown.
New York state opened its first drive-through coronavirus test site on Friday, following a similar experiment in Seattle. Other places are set to do the same, improving availability of tests while keeping people in cars to avoid spreading the virus.
Unions and student groups in Colombia on Friday said a strike planned for March 25 to protest against the social and economic policies of President Ivan Duque will go ahead but they canceled public marches to avoid the spread of the coronavirus.
In a press conference on Friday, President Trump declared a national emergency over the COVID-19 outbreak. Stocks rebounded strongly, particularly consumer staples stocks, which finished the day up 8.5%.
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