Another Retail Stock to Avoid

Oil prices are once more rebounding today

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4/03/2020

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Stock Futures Dinged by Dismal Jobs Report

By Patrick Martin

Share On

Dow Jones Industrial Average (DJI) futures are pointed lower by nearly triple digits this morning, as coronavirus cases top one million worldwide. Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) are also deep in the red before the open, as investors unpack the Labor Department's nonfarm payrolls report, which dropped by 701,000 in March, the first jobs decline since 2010. Elsewhere, oil futures are in rally-mode again, with May-dated crude up 7.8% at $27.16 per barrel, at last check. 

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

  • Steer clear from this retail stock.
  • Disney stock shook off a downgrade yesterday.
  • Plus, Corona beer parent records blowout earnings; Abbot Labs bruised by bear note; and 3M hit with Presidential DPA.
>> Continue reading...
LATEST HEADLINES

>> Dow Finishes in the Black After Volatile Day
Oil's surge lifted the Dow
>> HES Stock Looks Good for April
The energy name has been a top performer in April during the past decade
>> Why Kohl's Stock Could Sink Even Deeper In The Second Quarter
Kohl's has historically underperformed during the second quarter
>> Dow Up Triple Digits as Oil Surges
The S&P 500 and Nasdaq are also holding on to midday gains
>> CHWY Stock Slides Ahead of Earnings
The online pet supply retailer is expected to report earnings after the close this evening
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