^DJI - Dow Jones Industrial Average
| Previous close | 22,679.99 |
| Open | 23,537.44 |
| Volume | 386,095,645 |
| Day's range | 22,950.46 - 23,617.24 |
| 52-week range | 18,213.65 - 29,568.57 |
| Avg. volume | 476,773,333 |
- Yahoo Finance
Investor who predicted the start of the 2009 bull market: Beware of a double bottom
Mark Mobius called the beginning of the 2009 bull market. Now, he's warning investors of a potential double bottom.
- Yahoo Finance
Federal Reserve to backstop Paycheck Protection Program loans
The Federal Reserve will backstop the Small Business Administration’s emergency loan program, as lenders continue to work through the Paycheck Protection Program.
- Reuters
Global Markets: Hopes of progress against virus lift stocks, weigh on dollar
World stock markets posted sharp gains on Tuesday as signs of progress in curbing the spread of the novel coronavirus in both Europe and the United States fueled investors' appetite for risk. Oil prices climbed on hopes of a deal to decrease supply, while the euro jumped against the greenback after six sessions of declines. Japan's Nikkei posted a 2% gain overnight as its government promised a near $1 trillion stimulus package - equal to a fifth of its gross domestic product.
- Reuters
Wall Street gains on signs of coronavirus slowdown
The S&P 500 was set for its biggest two-day gain in nearly two weeks, building on a 7% jump on Monday, as the governors of New York, New Jersey and Louisiana pointed to tentative signs of a plateauing in the pandemic. Despite the strong start to the week, the S&P 500 remains about 19% below its mid-February record high, as strict stay-at-home orders crushed demand across industries and sparked mass staff furloughs. "This is looking more like a bear market rally," said Nancy Perez, senior portfolio manager at Boston Private Wealth in Miami.
- Zacks
Stock Market News for Apr 7, 2020
Wall Street rebounded impressively on Monday after a disappointing last week following encouraging data on the coronavirus pandemic.
- Investing.com
Stocks - Wall Street Solidly Higher on Optimism of Covid-19 Containment
By Geoffrey Smith
- Associated Press
Global stock rally zooms into Day 2 on hopes for virus peak
Stocks are climbing on Wall Street Tuesday as markets around the world pile on even more gains following their huge rally a day earlier. The S&P 500 was up 2.6% in early afternoon trading, tacking onto its 7% surge Monday following encouraging signs that the coronavirus pandemic may be close to leveling off in some of the hardest hit areas of the world. Many professional investors say they’re wary of the recent upsurge and expect more volatility ahead.
- Reuters
Asian shares cautiously gain on virus hopes, dollar slips
Asian stock markets rallied for a second day on Tuesday, and riskier currencies rose, buoyed by tentative signs the coronavirus crisis may be levelling off in New York and receding in Europe. Gains lacked Monday's momentum, but were broad, even though global coronavirus cases kept rising and an economic crash on a scale not seen for generations looms large. The United States is bracing for its toughest week yet as the death toll climbs above 10,000 while across the Atlantic, British Prime Minister Boris Johnson has entered intensive care after his COVID-19 symptoms worsened.
- Reuters
Hopes of progress against virus lift stocks, weigh on dollar
World stock markets posted sharp gains on Tuesday as signs of progress in curbing the spread of the novel coronavirus in both Europe and the United States fueled investors' appetite for risk. Oil prices climbed on hopes of a deal to decrease supply, while the euro jumped against the greenback after six sessions of declines. Japan's Nikkei posted a 2% gain overnight as its government promised a near $1 trillion stimulus package - equal to a fifth of its gross domestic product.
- Investing.com
Gold in $1,700 Flight, Joining Wall Street’s Virus Rally for Different Reason
By Barani Krishnan
- Zacks
Global Positivity Sends Pre-Markets Much Higher
Hot spots in key locations like Italy and Spain have shown a slowing death toll as lockdown measures demonstrate their effect. Even the rate of cases in New York has dropped over the last two days.
- Zacks
Stock Market News for Apr 6, 2020
Wall Street closed sharply lower on Friday as the U.S. non-farm pay-roll declined significantly in March due to the partial lockdown imposed by the government.
- Reuters
S&P 500 set to recoup $1 trillion in value as coronavirus deaths slow
The S&P 500 banking index soared 7.3% and was set for its best day in more than a week, with Bank of America, Citigroup, Wells Fargo and JP Morgan advancing between 5% and 8%, tracking Treasury yields. "Seeing signs of stabilization in New York City is probably the most important thing given the amount of capital that's controlled through managers that live in the area," said Thomas Hayes, managing member at Great Hill Capital LLC in New York. The S&P 500 has fallen more than 20% since its all-time highs in mid-February, marked by wild day-to-day price swings, as the novel coronavirus brought business activity to a virtual halt and sparked mass layoffs.
- Associated Press
Asian shares rise, echoing Wall St optimism on virus battle
Japan's benchmark Nikkei 225 gained 1.3% to 18,808.53 while South Korea's Kospi gained 1.2% to 1,812.87. The country that gave rise to the global pandemic has recorded 3,331 deaths and 81,740 total cases. The number of new coronavirus cases is dropping in the European hotspots of Italy and Spain.
- Yahoo Finance
Coronavirus, Good Friday, oil: What to know in the week ahead
Coronavirus developments will continue to take centerstage this week for investors.
