This ends a nearly 9 1/2-year run of positive employment data from the BLS, going back to September 2010.
USO and EFV saw outsized volume in yesterday trading session.
EELV and IWL saw outsized volume in yesterday trading session.
Today we see 6.648 million new jobless claims, more than doubling last week's all-time high, which was itself revised upward another 24K claims.
These ETF areas were investors' favorites in the month of March that was riddled with coronavirus fears.
This represents some good news, not only for the global economy but for those of us elsewhere in the world still awaiting peak coronavirus contagion and an economic recovery beyond it.
ACWX and FAS saw outsized volume in yesterday trading session.
A national stay-at-home order and a $2 trillion bailout package are the latest steps taken to combat the COVID-19 pandemic.
FXU and DIV saw outsized volume in yesterday trading session.
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While a $2 trillion stimulus package would certainly go a long way toward getting the U.S. economy "unstuck," it???s unclear yet whether this would be enough to prime the pump to move industries back into...
The silver lining is that our system was equipped to actually process 3.283 million jobless claims, especially with a coronavirus threat hamstringing efforts in unemployment claims offices.
While all corners of the market should see a spike from the U.S. stimulus, a few specific areas and the related ETFs should fare even better, courtesy of cheaper valuation and the stimulus tailwind.
DIA and ACWI saw outsized volume in yesterday trading session.
Dow Jones registered its best single-day gain since 1933. These stocks of the Dow ETF logged a superb rally on Mar 24.
Currently, more than 26K New Yorkers have tested positive for COVID-19, and the state now counts more than 270 fatalities due to the disease.
RHS and IYE saw outsized volume in yesterday trading session.
With liquidation is going full-throttle, the Fed is swooping in yet again with another "outside the box" idea of indefinitely collecting municipal and corporate bonds, etc.
NUGT and AMLP saw massive trading volume in yesterday's session.