Retail Stock Drops on Bankruptcy Buzz

Oil suffered its biggest one-week decline in history

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Market Recap
 
 

4/24/2020

MAJOR BUY ALERT


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Dow Surges 250 Points Into the Close

By Laura McCandless

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The Dow finished the day up over 250 points after rebounding from its midday lows, but still ended the week lower, its first weekly decline for April. Sentiment was boosted by U.S. President Donald Trump signing the long-awaited $484 billion coronavirus aid package. However, this sour session of earnings and economic data quickly provided a market cap. The Nasdaq and S&P 500 also finished modestly in the black for the day, but closed lower for the week, as investors focused on hopes of stabilizing oil output. 

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

  • Retail giant mulls over a big bank loan.
  • E-Trade stock lands bull notes despite gloomy quarterly report.
  • Plus, Victoria's Secret parent slides on legal buzz; CLS dips on production halt, and the post-earnings optimism surrounding SNY.  

>> Continue reading...
LATEST HEADLINES

>> You Won't Believe What I found in New York
Get in on the investment of the decade..
>> You Won't Hear This in the Mainstream Media
Read more..
>> Wall Street Whipped Around by Historic Oil Price Plummet
Oil prices collapsed into negative territory for the first time ever this week
>> J C Penney Stock Tumbles Amid Mounting Bankruptcy Fears
J C Penney is currently discussing filing for bankruptcy
>> Bull Notes For E-Trade Stock Despite Earnings Miss
No less than three analysts raised their price targets
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