The S&P 500 Index has dropped over 20% in 2020. Covid-19 may have exacerbated pre-existing market conditions, writes richardbeales1.
As of 10 a.m. ET on March 27, the S&P 500 Index was down around 21% so far in 2020 – and off some 25% from its February peak.
Last week’s tally of initial claims for U.S. unemployment insurance was 3.3 million, the highest ever and nearly five times the previous record set in October 1982. The Department of Labor’s release on March 26 noted that the increase was due to the impact of the Covid-19 viral pandemic. The U.S. House of Representatives was on March 27 considering a $2.2 trillion stimulus bill passed by the Senate on March 25.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
2020 Indy 500 postponed from May to August due to coronavirus crisisRoad course race moved to July 4.
Leer más »
The S&P 500 just hit a level that could spark the next meltdownCanaccord Genuity's Tony Dwyer says the market needs to test the 'panic low' before an 'extraordinary' rebound can unfold.
Leer más »
Indianapolis 500 moved to August 23 due to coronavirusThe 104th Indianapolis 500 was moved from May 24 to August 23 on Thursday by IndyCar and the Indianapolis Motor Speedway in the wake of the coronavirus pandemic. Organizers also moved the IndyCar Grand Prix of Indianapolis, which had been scheduled for May 9 on the road course at the Speedway, to July
Leer más »
More than 500 have died from coronavirus in New York, governor saysThe novel coronavirus pandemic continues to impact countries worldwide, particularly in Europe and the US. Follow here for live updates
Leer más »
Here's what happened to the stock market on WednesdayThe S&P 500 strung its first consecutive gains since mid-February.
Leer más »
Stock Market Rally Simmers As GOP Senators And Sanders Battle Over Coronavirus Stimulus BillThe Dow was up 2% and the S&P 500 rose 1%.
Leer más »