Dow gives up a more than 900 point rally to close with a loss
The S&P initially appeared poise to add to a 7% jump on Monday, after health officials said the pandemic may kill fewer Americans than indicated in recent projections. Governor Andrew Cuomo said New York, the epicenter of the virus in the United States, was nearing a plateau in the number of patients hospitalized.
Still, a decline in oil prices steepened, as U.S. crude settled down more than 9% as supplies swell and investors tempered expectations for a quick agreement on output cuts between major producers. Investors also braced for worsening economic data and corporate earnings in the coming weeks. The S&P 500 is up 18.9% from its March 23 intraday low, but remains 21.5% below its mid-February record high as methods designed to contain the virus quashed demand across a swath of industries such as airlines, automakers and hotels.
Exxon Mobil throttled back a multi-year investment spree in shale, LNG and deep water oil production, saying it would cut planned capital spending this year by 30% as the pandemic saps energy demand. FILE PHOTO: A nearly deserted Wall Street and the steps of Federal Hall are seen in lower Manhattan during the outbreak of the coronavirus disease in New York City, New York, U.S., April 3, 2020. REUTERS/Mike Segar
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Wall Street gains on signs of coronavirus slowdownWall Street rose on Tuesday as early signs of a slowdown in coronavirus cases in U.S. hot spots raised hopes that sweeping lockdown measures to contain the outbreak were working.
続きを読む »
Work-from-home stocks are in the spotlight on Wall Street - Business InsiderA new breed of tech stocks is thriving as the world works from home. Here are the key things to look for to make your own 'work from home' tech portfolio.
続きを読む »
Wall Street soars on hopes of slowing coronavirus deathsU.S. stocks rocketed higher on Monday, with each of the major indexes rallying at least 7%, after a fall in the daily death toll in New York, the country's biggest coronavirus hot spot, fueled optimism a leveling off of the pandemic was on the horizon.
続きを読む »
Iger Floats Temperature Checks at Disney Parks, But Wall Street Sees Two Years Before Normalcy ReturnsAs the Walt Disney Co. looks beyond the current coronavirus crisis and to a point where its worldwide theme parks and resorts may re-open, Disney executive chairman Bob Iger has floated the possibi…
続きを読む »
Day 26 without sports 🏈: Wall-to-wall NFL Red Zone can ease the painTo take football fans up to the April 23 NFL draft, NFL Red Zone channel will air its broadcast of one week of the 2019 season for the next 17 days.
続きを読む »
Wall Street bounces back from a steep sell-off. Here's what to expect nextWith stocks staging a major comeback on Monday, three experts weigh in on what they expect to come.
続きを読む »