'The situation is about to get worse': Stocks slide as surging US unemployment and coronavirus cases stifle stimulus hopes
of the novel coronavirus, surpassing China as the country with the most confirmed infections in the world.that would help distressed industries such as airlines, state and local governments, small businesses, healthcare providers, and households weather the pandemic. The Senate approved the legislation earlier this week, and the House of Representatives is expected to hold a vote later today.
. The Dow Jones Industrial Average also surged 21% over that period, technically entering a bull-market phase and ending the 11-day-old bear market."The situation is about to get worse in the coming weeks," Ipek Ozkardeskaya, senior analyst at Swissquote Bank, warned in a morning email, citing the surges in US unemployment and coronavirus cases.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
'A real step forward': Stocks climb after lawmakers agree $2 trillion coronavirus stimulus | Markets InsiderStocks climbed on Wednesday after US lawmakers agreed on a $2 trillion stimulus bill to buttress the US economy against the novel coronavirus. T...
Leer más »
U.S. stocks climb further the day after their mighty surgeStocks had soared Tuesday on expectations that Congress and the White House were near a $2-trillion deal to aid the coronavirus-stricken economy.
Leer más »
European stocks poised to open lower as coronavirus overshadows upcoming US jobs dataEuropean markets are expected to open lower Thursday as global market sentiment sours once again amid the coronavirus outbreak.
Leer más »
US cases now most in world, US capital sees more infectionsThe United States' caseload of coronavirus infections surged to the most in the world and its capital reports more infections as Italy shut most of its industry and masses of Indian day laborers received food rations after a lockdown put them out of work.
Leer más »
'The crown jewel of data': Stocks slump as fears of jobless claims overpower relief at Senate passing $2 trillion stimulus bill | Markets InsiderStocks slid on Thursday as worries about surging unemployment offset relief at the US Senate's approval of a $2 trillion anti-coronavirus stimul...
Leer más »