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Wall St. Poised for Another Turbulent Day After Trump Travel Ban: Live Market Updates U.S. stock futures were sharply lower and European stocks plunged on Thursday as investors digested the consequences of President Trump's 30-day travel ban on European visitors to the United States. S&P 500 futures tumbled more than 4 percent in ...
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Live updates: Wall Street braces for steep drop after Trump's coronavirus travel ban fails to calm investors A day after the 11-year bull market ended, Wall Street's losses showed no signs of letting up. The Dow Jones industrial average is signaling a 1,100-point drop at the open Thursday on President Trump's announcement that he would restrict all travel from ...
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ECB Monetary Stimulus Effort Expected as Coronavirus Spreads FRANKFURT—European Central Bank President Christine Lagarde is expected on Thursday to announce a stimulus package aimed at mitigating the economic shock of the coronavirus, which could help soothe jittery financial markets—or expose the limits of ...
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Pentagon Asks to Reconsider Awarding Huge Cloud Contract to Amazon SAN FRANCISCO — The Defense Department said on Thursday that it would re-evaluate the awarding of a $10 billion cloud computing contract to Microsoft after sustained protest from Amazon, which had contended that it lost the deal because of potential ...
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Restaurants Across the Country Struggle to Respond to Coronavirus Restaurants across America are scrambling to respond to fast-moving developments as the coronavirus spreads. In New York State, bars and restaurants learned Thursday that they would have to cut the number of customers they serve by half starting Friday, ...
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WSJ Survey: Coronavirus to Trigger US Economic Contraction in Second Quarter Economists sharply cut forecasts for the U.S. economy this year, predicting it will contract in the second quarter and raising expectations for a recession as the coronavirus spread around the world. Those economists, polled in this month's Wall Street Journal ...
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Explainer: Fed may go into its crisis tool kit soon. What's in it? (Reuters) - Analysts and economists increasingly expect the Federal Reserve to roll out measures beyond interest rate cuts and bond purchases to ensure financial markets keep operating smoothly and banks have ample liquidity during the coronavirus ...
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3 Reasons to Sell Stocks Right Now Investing for the long term almost always pays off, but there are times when selling's the right move. Jeremy Bowman. (TMFHobo). Mar 12, 2020 at 5:08PM. Author Bio. Fool since 2011. I write about consumer goods, the big picture, and whatever else piques ...
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Oil falls 8% after Trump surprises with travel curbs NEW YORK (Reuters) - Brent crude slid 8% on Thursday after U.S. President Donald Trump restricted travel from Europe among measures to halt the spread of coronavirus after the World Health Organization described the outbreak as a pandemic.
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Troubles Percolate in the Plumbing of Wall Street Conditions in bond markets had been growing dicier all week, but Wednesday afternoon was a tipping point: Investors across Wall Street reported that Treasury bills and bonds were becoming hard to trade. Yields swung wildly. There were few sellers and ...
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