Dow futures dropped 346 points, or 1.5%. S&P 500 futures also fell 1.5%, and Nasdaq futures were down 1.3%.Last week again brought painful economic data. More than 30 million Americans have now filed initial unemployment claims since the middle of March. Economists surveyed by Refinitiv expect the unemployment rate to have hit 16.1% last month, which would be its highest level since 1939.
Over the past week, many companies also warned investors of challenging times ahead as they reported earnings for the first three months of 2020. While many US companies only really began feeling the effects of coronavirus during the final month of the first quarter, the pandemic and the economic crisis resulting from it will weigh on companies throughout the June quarter, and likely beyond.
美国加油，你们的上帝会保佑你们的。🌚
US stock futures are sinking faster than the titanic!
I don’t know when or how but we will turn this economy around
Fear mongering is CNN's top priority
God avenged us
No one told me 🤦🏿♂️
Futures go up, futures go down. Not news.
Thanks for another depressing thought about our economy
Imagine in 2020 believing CNN had any credibility whatsoever.... Hillary called, she asked if you would pull her penis out of your mouth CNN. thank you,
I think coronavirus continue to this ending 🤔
$GLD was the 1 ETF for inflows In April