Subscription Stock Hitting Record Lows

Oil is enjoying a lift of its own

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Midday Market Check
 
 

3/10/2020

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Stocks, Oil Continue Road to Recovery Midday

By Laura McCandless

Share On

Stocks continue to shake off yesterday’s worst day since 2008, with the Dow Jones Industrial Average (DJI) up around 126 points at last check. The S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also in recovery mode, as President Donald Trump put forth the idea of a payroll tax cut or relief in response to the rapidly increasing coronavirus headwinds in the U.S. Oil prices are on the rise as well, April-dated crude last seen up 6.2% at $33.07 a barrel.

Continue reading for more on today's market, including: 

  • Why SFIX just hit record lows.
  • Retailer seeing a post-earnings pop.
  • Plus, MGM’s options volume surge; the latest home technology to pop amidst coronavirus, and AHPI suffers a fall from a recent high. 
>> Continue reading...
LATEST HEADLINES

>> Earnings Beat Boosts Dicks Sporting Goods Stock
The retailer just posted a fourth-quarter earnings and revenue beat
>> Japanese Pharma Stock Sinks Amid COVID-19 Treatment
AIM Immunotech is developing a vaccine that was used to contain the SARS outbreak
>> SFIX Stock Falls With Revenue Forecast, Coronavirus
Several analysts have cut their price targets
>> Proposed Payroll Tax Cut Props Up Stock Futures
President Trump proposed a tax cut to combat the negative economic effects of COVID-19
>> Stocks, Oil See Catastrophic Losses
It was oil's worst single-session drop since 1991
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