Written by Gary
The SP 500 futures trade down 16 points, or 0.5% (SPY -0.4%) ollowing yesterday’s sharp decline.
Here is the current market situation from CNN Money | |
![]() | European markets are mixed today. The CAC 40 is up 0.19% while the DAX gains 0.17%. The FTSE 100 is off 0.30%. |
What Is Moving the Markets
Here are the headlines moving the markets. | |
![]() | Chuck E. Cheese parent files for Chapter 11 bankruptcyChuck E. Cheese’s parent company CEC Entertainment said Thursday that it filed for Chapter 11 bankruptcy. |
![]() | Macy’s to slash 3,900 corporate jobs in restructuringMacy’s announced Thursday it is laying off 3,900 corporate jobs in a move to cut costs as its business has been hurt by the coronavirus pandemic. |
![]() | More consumers order breakfast online, even as fast-food chains see overall segment sales fallThe coronavirus pandemic has pushed many consumers to start ordering their fast-food breakfast meals through third-party delivery apps. |
![]() | How a $60 million painting may mark the biggest test for the art market during coronavirus crisisMonday’s auction marks the first real test of the global art market since the coronavirus pandemic and is a bold experiment in bidding. |
![]() | Olive Garden parent swings to a loss as sales plunge 43%Darden Restaurants reported that same-store sales were nearly cut in half during the fiscal fourth quarter. |
![]() | Coronavirus live updates: Germany pledges support to WHO; LabCorp launches new antibody testThe coronavirus has infected more than 9.44 million people around the world as of Thursday, killing at least 482,923 people. |
![]() | Disneyland delays its reopening date beyond July 17On Wednesday, the company said its proposed phased opening of its two parks in Anaheim for July 17 would be postponed as state officials will not be issuing theme park reopening guidelines until after July 4. |
![]() | Here are the 8 states that trigger coronavirus quarantines for travelers going to New York“We worked very hard to get the viral transmission rate down,” New York Gov. Andrew Cuomo said. “We don’t want to see it go up because a lot of people come into this region and they can literally bring the infection with them.” |
![]() | WHO warns coronavirus still hasn’t ‘reached its peak’ in Americas as global cases near milestoneMany countries in the Americas, which includes North, South and Central America, are still suffering sustained community transmission, the WHO says. |
![]() | ‘We can’t just give up’ ” Harvard doctor says U.S. must take precautions as virus cases rise“We have to recognize that just because something isn’t perfect doesn’t mean it isn’t good,” said Dr. Jeremy Faust, an emergency room doctor at Brigham and Women’s Hospital in Boston. |
![]() | These retailers have the most stores in states such as Florida where coronavirus cases are spikingInstinet analyzed a dozen states that as of last Friday had reported record highs in new Covid-19 cases: Florida, Texas, Utah, South Carolina, Nevada, Georgia, Missouri, Montana, Arizona, California, Tennessee and Oklahoma. |
![]() | Bayer reaches over $10 billion settlement in Roundup cancer lawsuitsBayer will pay more than $10 billion to resolve thousands of lawsuits regarding claims that its herbicide Roundup causes cancer, the company announced Wednesday. |
![]() | California reports more than 7,000 coronavirus cases, biggest daily jump so farThe department reported an additional 7,149 cases since Tuesday, a 69% increase in two days, bringing the state’s total to 190,222 cases, according to the state’s health department. |
![]() | Many European countries set to be exempt from quarantineThe UK looks set to exempt France, Italy, Spain, Greece, and several other European countries. |
![]() | Waitrose will never stock chlorinated chicken, says bossThe supermarket chain has backed calls to stop imports of chlorinated chicken and hormone-injected beef. |
![]() | Wirecard: Scandal-hit firm files for insolvencyThe once high-flying payments firm Wirecard files for insolvency after a ‚¬1.9bn accounting scandal. |
![]() | SoftBank’s Masayoshi Son and Alibaba’s Jack Ma have parted waysSoftBank’s Masayoshi Son and Alibaba’s Jack Ma have parted waysWhile the departures are unlikely to have an impact on either company, they mark the end of an era. |
![]() | Fair is not lovely for HUL anymoreFair is not lovely for HUL anymoreHUL will rebrand its flagship skincare brand Fair & Lovely and will stop using ‘Fair’ in the product. |
![]() | The H1-B reject who returned to fight AmazonThe H1-B reject who returned to fight AmazonAbout 13 years ago, Kunal Bahl’s visa application was turned down in Seattle. |
![]() | Need to Know: Gold and silver penny stocks could be the next Robinhood trader obsession, says this portfolio managerCrescat Capital’s global macro analyst Otavio ‘Tavi’ Costa thinks we are in the early stages of a major bull market for precious metals, and that is good news for one unloved group of stocks. |
![]() | Capitol Report: Watchdog says Washington’s growing swampier, even as coronavirus lockdowns let Congress climb off ‘hamster wheel of fundraising’As the coronavirus crisis and nationwide protests shake up Washington, Issue One’s Meredith McGehee speaks with MarketWatch about the November elections, the government’s massive aid spending, racial inequalities and more. |
![]() | Market Extra: Here’s why stock-market distress over spiking coronavirus cases is intensifying;Flare ups of COVID-19 cases in the U.S. are delivering a fresh gut check to Wall Street’s bullish demeanor, since its unprecedented rebound from a coronavirus-ignited downturn back in March. |
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