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Stocks surge has Dow flirting with bear-market exit
Fox Business ^ | March 26 2020 | Jonathan Garber

Posted on 03/26/2020 8:49:30 AM PDT by knighthawk

U.S. equity markets clambered higher Thursday as investors digested record jobless claims and waited for the House to vote on a $2 trillion relief package.

First-time unemployment filings surged to a record 3.28 million last week, according to the Labor Department, as the COVID-19 pandemic prompted businesses to temporarily close their doors and lay off employees. The previous record was 695,000, set in 1982.

The all-time high in claims came hours after the Senate voted 96-0, passing the $2 trillion relief package that would extend aid to individuals, small businesses and corporations hit hardest by the pandemic. The House of Representatives is scheduled to debate the bill on Friday.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: News/Current Events
KEYWORDS: dow; stocks
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To: BenLurkin

Royal Dutch Shell, UPS & Philip Morris all yielding over 10%? Suburban Propane over 20%?

I’ll buy with confidence.


21 posted on 03/26/2020 10:17:00 AM PDT by MSF BU
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To: Oatka

What is mvd?


22 posted on 03/26/2020 10:53:53 AM PDT by Cobra64 (Common sense isnÂ’t common anymore.)
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To: Cobra64
What is mvd?

Motor Vehicle Department.

23 posted on 03/26/2020 2:22:13 PM PDT by Oatka
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To: Oatka

WDYST?


24 posted on 03/26/2020 2:34:18 PM PDT by Cobra64 (Common sense isnÂ’t common anymore.)
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To: lurk

“I intend to throw in a few shekels on the low end.”

if you’re serious, there’s not gonna be a better time than now ...


25 posted on 03/26/2020 2:41:27 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: Cobra64
"WDYST?"

????

26 posted on 03/26/2020 5:44:24 PM PDT by Oatka
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