Health Insurance Stock Fights Off Downgrade

The Federal Reserve proposed an additional $2.3 worth of financial aid

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MIDDAY MARKET CHECK     4/09/2020
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Stocks Cruising Toward Sizable Weekly Wins By Jacob Scott Share On The Dow Jones Industrial Average (DJI) is heading into the holiday weekend on a hot streak, up almost 400 points at midday. Today's rise comes after the Federal Reserve pumped another $2.3 billion into businesses and revenue-pinched local governments. Fed Chair Jerome Powell, in a video press conference earlier, acknowledged that “market conditions have generally improved” and predicted a robust economic rebound once the cornavirus outbreak is mitigated. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are also climbing, with all three indexes cruising toward double-digit weekly wins.  Continue reading for more on today's market, including:  Analysts are bearish on Anthem stock. Costco stock dipped on a Deutsche Bank bear note. Plus, McDonald's calls rule the roost; a soaring REIT; and chip stock INTC is struggles to find footing. >> Continue reading...
LATEST HEADLINES
>> Zoom Stock Brushes Off Senate Warning The U.S. Senate just warned its members against using Zoom as a video chat platform >> Costco Stock Dips on Bear Note Deutsche Bank cut its price target to $295 from $300 >> Analyst Goes Bearish on Anthem Stock Jefferies downgraded Anthem stock to "hold" from "buy," and cut its price target to $257 >> Dow Futures Pivot Higher on Trillion-Dollar Fed Program The Fed announced a $2.3 trillion lending plan for the economy >> Stocks, Oil Climb Higher The Dow finished the day up over 700 points Sponsored China Is A Mess! Finding a New Lithium Supply is Critical for America A young company, with a low stock price, has met that challenge with its huge new source near a "Who's Who" of lithium producers in the renowned Lithium Triangle. Read HERE about Tesla, Amazon and other's Unquenchable Demand for lithium
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