Oil prices are continuing their volatile trend
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| | | 4/27/2020 | |
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| Dow Eyes 300-Point Pop; Oil Pulls Back | | By Jake Scott | | The Dow Jones Industrial Average (DJI) is kicking off the week with triple-digit gains, last seen up over 300 points, as investors unpack New York governor Andrew Cuomo's, daily press conference on the coronavirus outbreak. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are also confidently in the black, as optimism over the reopening U.S. economy mounts. It's not all sunshine and rainbows though; June-dated crude futures were last seen trading down 25.6% at $12.61 as storage woes continue to strike fear into investors. Continue reading for more on today's market, including: - This automotive retailer returned its stimulus loan.
- Deutsche Bank's preliminary earnings report exceeded expectations.
- Plus, MRVL calls flying off the shelf; Emergent BioSolutions inks potential vaccine manufacturing; and CHK continues to spiral.
| | >> Continue reading... | |
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