Chevron Waves Goodbye to Venezuela

The latest small business stimulus is expected to pass the House tomorrow

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Midday Market Check
 
 

4/22/2020

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Dow Extends Gains on Stimulus Optimism

By Jake Scott

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The Dow Jones Industrial Average (DJI) is cruising at midday -- up more than 400 points at last check -- boosted by the additional stimulus measures making their way through Washington. The Senate-approved package is expected to pass the House of Representatives tomorrow, featuring $100 billion for healthcare and roughly $320 billion for small businesses. Oil prices are also seeing some relief; June-dated crude futures have bounced from their 21-year low and are up 26% at $14.53 per barrel, at last check.

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

  • COVID-19 measures are impacting Medtronic stock.
  • Chevron stock is rising as its ordered to pull out of Venezuela. 
  • Plus, PDD rather put-heavy as of late; USNA decimates old ceiling; and retail stock buried after pulling guidance.
>> Continue reading...
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