There’s just one catalyst that could trigger a meaningful rally higher. Here’s what investors need to know.
Read MorePlus, the Fed issued new initiatives in an effort to calm the market, the Senate is still negotiating a $2 trillion stimulus package, GE’s aviation unit is laying off 10% of its workforce, and CVS is hiring 50,000 workers.
Read MorePlus, the Trump administration is seeking a third coronavirus stimulus package, the WHO warns that the virus can in some cases survive in the air, and Cisco said that there have been 5.5 billion meeting minutes for its Webex video conferencing platform since the start of the month.
Read MorePlus, airlines could be in danger, and Regeneron and Sanofi are soon to begin human trials on a treatment for COVID-19.
Read MorePlus, Congress and the Trump Administration are nearing a coronavirus aid package, and the Fed began buying Treasurys.
Read MorePlus, Pfizer announced it is initiating a program to screen antiviral drugs in its pipeline to identify possible treatments for the coronavirus, Target and Kohl’s reported earnings, and Thermo Fisher is buying Qiagen.
Read MorePlus, traders are pricing in a rate reduction from the Fed at its March meeting, Beyond Meat shares are tanking even after crushing sales estimates, and Big Lots shares are down more than-27% after the discount retailer warned of a “challenging first quarter of 2020.”
Read MorePlus, the Fed is monitoring the coronavirus outbreak’s impact on the global economy, Victoria’s Secret is going private, and Domino’s delivered an earnings beat.
Read MorePlus, Fed Chairman Jerome Powell said the central bank is “closely monitoring” the effects of the coronavirus outbreak, and Under Armour shares are sinking after athletic apparel maker said it expects low-single digit sales growth this year.
Read MorePlus, the coronavirus now has more than 6,000 confirmed cases, Apple delivered a blowout quarter, and Boeing said costs related to the grounding of its 737 Max plane have exceeded $18 billion.
Read More