Dow Rallies 600 Points After Italy Turns a Corner in War with COVID-19

The Dow Jones kicked off the week with an aggressive rally. Stock market bulls cheered the flattening of the coronavirus infection rate curve in Italy. Unfortunately, U.S. cases of COVID-19 surpassed 150,000 overnight. The Dow Jones Industrial Average (DJIA) clawed out an aggressive rally on Monday after Italy turned a corner in its battle with …

Dow Futures Plunge as COVID-19 & ‘Risky Corporate Debt’ Threaten to Topple U.S. Economy

Dow Jones futures were off by as much as 469 points in after-hours trading, threatening to undo all of Thursday’s gains. Stock trading remains highly volatile as investors weigh the ever-growing impact of coronavirus on public health and the economy. Coronavirus could be the pin that pops corporate America’s debt bubble. Futures on the Dow …

Dow Futures Dive as Bloomberg Leaks Mnuchin’s 20% Unemployment Fear

Dow futures dropped 600 points overnight after the index up more than 1,000 points Tuesday. Dow bears sold off as Bloomberg broke a report claiming Treasury Secretary Stephen Mnuchin believes U.S. unemployment could reach as high as 20%. Charles Schwab believes that institutional money will be reluctant to sell and could slow the stock market …