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Oil Soars as Trump Flags Saudi-Russia Production Deal: Live Updates Oil prices surged, setting off a rally in shares of energy companies, after President Trump said on Thursday that he expected that Saudi Arabia and Russia would substantially cut their oil production to halt the collapse of prices. Mr. Trump said in a tweet that ...
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Stocks Rally as Trump Flags Deal on Oil Production: Live Updates Oil surged after President Trump said in a tweet that he expected Saudi Arabia and Russia to cut oil production by 10 million barrels. Here's what you need to know: Oil prices surge after Trump tweets about production cuts. Another 6.6 million joined the U.S. ...
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US Stock Futures Rebound, Oil Surges U.S. stock futures recovered ground Thursday, while oil prices surged on hopes of an end to the Saudi Arabia-Russia price war. Contracts tied to the S&P 500 rose 1.9%, suggesting the blue-chip index may recover some of its losses when trading gets under ...
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How the Muni Market Became the Epicenter of the Liquidity Crisis The coronavirus triggered a liquidity crisis in municipal bonds, but the volatility that resulted has been brewing for a decade. Desperate sellers across most markets sold assets at deep discounts last month as the spreading new coronavirus left investors ...
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Oil Prices Fall in Asia After Thursday Surge: Live Updates Stocks were modestly lower in midday Asian trading on Friday, setting the stage for a downbeat end to a turbulent week in financial markets. Australian shares were down more than 1 percent, pacing the declines. Futures markets suggested Europe and Wall ...
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Labor Fight Collides With the Pandemic at Trader Joe's On March 23, as the coronavirus pandemic put grocery workers on the front lines of a public health crisis, Trader Joe's sent a memo to store managers encouraging them to relay a message to employees: Joining a union might be a bad idea. "It's not like ...
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Banks Warn of 'Overwhelming' Demand and Messy Start for Small Business Loans Small business owners, desperate for help amid the economic meltdown wrought by the coronavirus pandemic, are eagerly awaiting the start of a $349 billion government relief program. But just one day before the program's launch on Friday, the banks and ...
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FOREX-Dollar gains for 2nd day, shrugs off record US jobless claims ... * Dollar up vs euro, Japanese yen * U.S. jobless claims surge to record * Norwegian crown up nearly 2% amid better dollar liquidity * Graphic: World FX rates in 2019 tmsnrt.rs/2egbfVh (Adds new comment, updates prices) By Gertrude Chavez-Dreyfuss ...
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15 Wines Under $15: Inexpensive Bottles for Stay-at-Home Drinking Where I live in Manhattan, wine retailers appear to be experiencing a sales boom, even though many shops are in delivery- or pickup-only mode. While these are financially difficult times for many people, the desire for wine and spirits remains strong.
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Since 1990, this is how Dow, S&P perform in quarters that follow their worst drops Across 11 periods since 1990 after the S&P 500 declined by 10% or more in a quarter, the stock market index posted an average return of 7% in the next quarter. The first quarter 2020 decline was 20%; the drop was 23% in the Dow Jones Industrial Average.
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