Plus, health officials warned the protests could exacerbate the coronavirus outbreak in vulnerable communities, China suspended purchases of some U.S. agricultural products amid growing tensions, and Tesla shares are up after the successful SpaceX launch this weekend.
Read MorePlus, New Jersey Governor Murphy said the state may have to layoff 200,000 due to a $10.1 billion revenue shortage amid the coronavirus crisis, GM will reopen its American plants starting Monday, and Nordstrom shares are down after the department store reported net sales fell 40% last quarter.
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Read MorePlus, another 2.1 million Americans applied for unemployment benefits last week, Trump is expected to sign an executive order to crack down on liability protections for social media platforms, and Abercrombie shares are down after the mall-staple reported a 34% drop in sales in the first quarter.
Read MorePlus, the U.S. is stepping up pressure on China, the EU unveiled an unprecedented stimulus plan, and Boeing plans to lay off more than 6,000 workers this week.
Read MorePlus, stocks are higher on optimism related to increased economic activity as economies continue to reopen, Autozone reported better-than-expected earnings, and Micron shares are up after an upgrade from Needham.
Read MorePlus, President Trump said he would not close the country again if a second wave of coronavirus cases emerges, the IMF said banks will struggle through 2025 in a sustained low interest rate environment, E.L.F. Beauty shares are surging higher on an earnings beat, and Roku shares are down after a downgrade.
Read MorePlus, President Trump said he would not close the country again if a second wave of coronavirus cases emerges, the IMF said banks will struggle through 2025 in a sustained low interest rate environment, E.L.F. Beauty shares are surging higher on an earnings beat, and Roku shares are down after a downgrade.
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Read MorePlus, another 2.4 million Americans filed for unemployment bringing the pandemic total to more than 38 million, AstraZeneca was awarded $1.2 billion from the U.S. government for the development of its COVID-19 vaccine, and Best Buy shares are down after earnings.
Read MorePlus, Moderna shares are down after a report throwing cold water on its preliminary vaccine results, doctors in China are seeing the coronavirus manifest differently in a second wave of infections, Google Cloud landed a new contract with the DoD, and Lowe’s reported online sales surged 80% in its first quarter.
Read MorePlus, Trump threatened to permanently halt funding to the World Health Organization, major tech executives sent a letter to Congress urging another $1 trillion in relief for state and local governments, airlines are seeing bookings rise, and Pier 1 is seeking approval to wind down its business completely.
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