Finance Giant Stumbles on CEO Scare

Airline stocks are enjoying a lift after Kudlow's comments

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MIDDAY MARKET CHECK     3/06/2020
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Stocks Cling to Weekly Gains as Airline Sector Pares Steep Market Pullback By Emma Duncan Share On Quick to brush off this morning's better-than-expected jobs data, the Dow Jones Industrial Average (DJI) is nearly 500 points lower midday, extending Thursday's losses as traders grow weary of the long-term economic impact of coronavirus. Paring some of this morning's steeper losses is a surge out of the airline sector, after Chief Economic Advisor Larry Kudlow said "targeted measures" may be put in place to minimize disruption to the industry. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are notably lower as well, though all three benchmarks are still clinging to weekly gains. Continue reading for more on today's market, including:  Finance giant stumbles on CEO scare. C-suite shake-up sends Gap stock to decade lows. Plus, Big Lots' big bust; and 2 stocks surging to the top of the NYSE. >> Continue reading...
LATEST HEADLINES
>> Investor Shakeup Launches Big Lots Stock Higher Two investors announced an 11% stake in the company >> JPM Stock Stumbles on CEO Surgery Scare, Coronavirus Headwinds J.P. Morgan's CEO Jamie Dimon is currently in recovery after emergency heart surgery >> Gap Stock Hits 11-Year Low on CEO Appointment The leader of its Old Navy Unit, Sonia Syngal, will take over as CEO later this month >> Legendary Stock-Picker Calls Top Stock of 2020 Matt McCall's picks were met with disbelief... Until five soared over 1,000%. Get his latest 2020 pick. >> Stock Futures Continue Dramatic Plummet Better-than-expected jobs data is doing little to prop up stocks Sponsored Maryland man who predicted Canada's No. 1 pot stock... is doing it again in America Click now to discover how YOU can profit from the No. 1 Pot Stock in America.
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