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April 8, 2020

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For some Chinese businesses, no going back to pre-coronavirus ways

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by CNBC035
CNBC – For more and to sign up click here This photo taken on March 23, 2020 shows employees eating during lunch break at an auto plant of Dongfeng Honda in Wuhan in China’s central Hubei province. STR | AFP | China As the second quarter begins in China, it’s......
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Jobless claims will be huge, but millions more are expected

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by CNBC04
CNBC – For more and to sign up click here Economists expect 4 million to 5 million or more workers filed for unemployment claims last week, but there are still millions of claims expected, and layoffs could easily double those in the financial crisis, economists said. There are two key......
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Conagra, Carnival, RH, Visa & more

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by CNBC08
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Conagra (CAG) – The food producer missed estimates by 2 cents a share, with fiscal third-quarter profit of 47 cents per share. Revenue also came in slightly short,......
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Few chief financial officers plan layoffs, but are increasingly concerned about their businesses

CNBC
by CNBC05
CNBC – For more and to sign up click here People make face shields at the Brooklyn Navy Yard where local industrial firms have begun manufacturing Personal Protective Equipment (PPE) on March 26, 2020 in New York City. Eduardo Munoz Alvarez | Getty Images In a new survey, 87% of......
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Mortgage bankers warn Fed purchases of mortgages unbalanced market, forcing margin calls

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by CNBC06
CNBC – For more and to sign up click here Federal Reserve Chair Jerome Powell holds a news conference following the Federal Open Market Committee meeting in Washington, December 11, 2019. Joshua Roberts | Reuters The Mortgage Bankers Association in a dire letter to regulators Sunday warned that the U.S.......
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What could be ‘shocker’ economic reports may test stocks in week ahead

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by CNBC04
CNBC – For more and to sign up click here People make face shields at the Brooklyn Navy Yard where local industrial firms have begun manufacturing Personal Protective Equipment (PPE) on March 26, 2020 in New York City. Eduardo Munoz Alvarez | Getty Images Everything from auto sales to manufacturing......
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Stock market just had a bounce for the record books but faces big tests

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by CNBC07
CNBC – For more and to sign up click here Bank of America has sent more than 100 employees to work in a backup office in Connecticut. Tetra Images | Getty In just a few days, major stock indexes have made back more than half their losses, but technical analysts......
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CNBC Business

Markets take 3 million claims in stride and now brace for ‘tsunami of negative news’

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by CNBC014
CNBC – For more and to sign up click here The first crushing wave of 3.28 million workers seeking unemployment benefits is expected to be followed by millions more in coming weeks as the impact of virus-related shutdowns ripples across the U.S. economy. Economists had expected anywhere between 1 million......
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Micron, Shoe Carnival, Ford and more

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by CNBC013
CNBC – For more and to sign up click here Check out the companies making headlines after the bell. Micron Technology — The semiconductor company’s stock jump 5% in extended trading after Micron posted a double beat on earnings and revenue in the second quarter. The company reported earnings of 45......
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Jobless claims expected to spike to record-breaking number in millions

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by CNBC07
CNBC – For more and to sign up click here Job seekers stand in line at the employment help center in Miami, Florida. Getty Images Anywhere between about 1 million and 4 million people were expected to have filed for unemployment benefits last week, the largest number ever in such......
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CNBC Business

Biggest surge in the Dow since 1933 probably doesn’t mark the bottom of this bear market

CNBC
by CNBC07
CNBC – For more and to sign up click here Stocks appear to be finding the bottom but some strategists say it may be over a trap door that could give way to another big decline. Some credit markets are faring better, the dollar is weakening, and there are positive......
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China aims to be a stabilizing force as global financial markets gyrate

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by CNBC06
CNBC – For more and to sign up click here A staff worker wearing a protective mask and protective suit checks a visitor’s body temperature with a temperature gun by a monitor showing the current stock information at the Shanghai Stock Exchange Building on March 20, 2020 in Shanghai, China.......
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Goldman sees unprecedented stop of economic activity, with Q2 GDP contracting 24%

CNBC
by CNBC013
CNBC – For more and to sign up click here “Theater Closed” signs are posted in front of the AMC Montebello, as the US chain of AMC movie theaters closes for 6 to 12 weeks, On March 17, 2020 in Montebello, California, as the coronavirus (covid-19) epidemic leads to restaurant......
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Stocks could be extra volatile Friday, but that could lead to better days ahead

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by CNBC013
CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange (NYSE) on March 09, 2020 in New York City. Spencer Platt | Getty Images For a market rocked by big volatile moves lower, Friday’s expiration of stock futures and......
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Interest rates are rising, a bad sign as the economy slides toward recession

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by CNBC031
CNBC – For more and to sign up click here The Fed is throwing all of its fire power at markets, and yet interest rates continue to rise, a troubling sign when the economy looks set to slow down dramatically. Markets continue to swing violently with the Dow losing another......
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Williams-Sonoma, Guess, Tailored Brands and more

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by CNBC014
CNBC – For more and to sign up click here Bloomberg | Bloomberg | Getty Images Check out the companies making headlines after the bell. Williams-Sonoma — The home goods retailer’s stock was up 2% in extended trading after the company posted a double beat on earnings and revenue in the......
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CNBC Business

Stocks are expected to see more wild swings, even if Fed makes big policy move

CNBC
by CNBC010
CNBC – For more and to sign up click here Traders work in the S&P options pit near the close of trading on the Cboe Global Markets trading floor on January 31, 2020 in Chicago, Illinois. Scott Olson | Getty Images Now that stocks have entered a bear market, more......
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CNBC Business

With stocks selling off as rapidly as 1987, some analysts wonder if they can bounce as fast too

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by CNBC011
CNBC – For more and to sign up click here A trader on the floor of the New York Stock Exchange watches the board as trading is halted and the market closed, down 554.26 points, 27 October, in New York. Stan Honda | AFP | Getty Images Thursday’s 10% plunge......
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CNBC Business

China’s central bank to cut rates soon, analysts predict

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by CNBC017
CNBC – For more and to sign up click here A man wearing a mask walks past the headquarters of the People’s Bank of China, the central bank, in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 3, 2020. Jason Lee | Reuters......
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Wall Street wants Trump to act within days on coronavirus

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by CNBC015
CNBC – For more and to sign up click here President Donald Trump speaks at the Coronavirus Task Force Press Conference, March 9, 2020. Michael Brochstein | Echoes Wire | Barcroft Media | Getty Images President Donald Trump’s promise of a stimulus plan to battle the impact of the coronavirus......
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