Analysts Cheer Microsoft's Quarterly Win

All three benchmarks are heading toward big monthly wins, though

 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
Midday Market Check
 
 

4/30/2020

12 Investments That Pay Monthly Income


Inside you'll get a FREE PDF that reveals 12 investments that have the potential to pay you monthly income. Plus, you'll get top investing tips and free training in our email newsletter.

Click here to download it today.

unit
Dow Drops Triple Digits as Economic Data Weighs

By Jake Scott

Share On

The Dow Jones Industrial Average (DJI) is off by triple-digits, last seen down over 250 points as economic data overshadows a busy day of earnings reports. Jobless claims for last week came in at 3.84 million, toppling the 3.5 million estimate and bringing the coronavirus pandemic's toll to 30 million lost jobs. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also in the red, as personal income fell 2% in March, while consumer spending dropped 7.5% last month. Nevertheless, as April winds down, all three benchmarks are cruising toward sizable monthly wins.

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

  • This retailer just turned in its first quarterly loss in nearly 20 years. 
  • See why Microsoft stock received 10 price-target hikes this morning. 
  • Plus, LUV options traders target bounce; bull notes galore for ServiceNow stock climbing after earnings; and Chesapeake Energy mulls bankruptcy.
>> Continue reading...
LATEST HEADLINES

>> Telsa Stock Gaps Higher After Earnings, Revenue Beat
Tesla's first-quarter earnings and revenue report beat out analysts' estimates
>> Microsoft Stock Makes Moves on Quarterly Win
Microsoft reported an earnings and revenue beat
>> Tapestry Unravels After First Quarterly Loss in Nearly 20 Years
Tapestry's fiscal third-quarter results gave investors yet another taste of how hard the retail sector has fallen
>> Stock Futures Dinged by Jobless Claims
Jobless claims surpassed expectations for the seventh-straight week
>> Dow, Oil Close With Strong Wins
June-dated crude rose 22% for first gain in three sessions
Sponsored

Free: Recession Income Bible


This free guide reveals 53 ways to generate income during a recession. Download today!

Free: The Recession Income Bible

 

To ensure delivery of Schaeffer's Midday Market Check, add us to your contacts! For more information, please visit this link for further instructions.

This email was sent to phanhoa1821960.trader@blogger.com because you are a registered subscriber to Schaeffer's Midday Market Check or have signed up to receive emails from www.schaeffersresearch.com. Don't want to receive Schaeffer's Midday Market Check? You can unsubscribe here.

For more information about our privacy practices, please review our Privacy Policy or our Terms & Conditions.

Have a question, comment or concern? We’ll respond quickest if you call (800) 448-2080, email, or write to:

Schaeffer's Midday Market Check

No comments:

Post a Comment