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U.S. Markets News

US unemployment claims double to 6.6 million in a week; stocks fall

After climbing to a record high a week ago, jobless claims in the US more than doubled and reached unprecedented…

Is a recession brewing in the US amid the upcoming earnings season?

With just two weeks left for the earnings season to start, the US stock market continued to be battered by…

US jobless claims hit record high of 3.28 mln as covid-19 crisis deepens

The labor market is feeling the pinch of the widespread disruptions caused by the covid-19 outbreak. Jobless claims, which is…

Major corporate events canceled or postponed due to Covid-19 this week

The Covid-19 outbreak has turned into a global pandemic as the total confirmed cases are increasing day-by-day, nearing 255,000 worldwide.…

Market: US futures point to a lower open due to travel ban

The futures are pointing to a lower open on Thursday as the spread of the COVID-19 or coronavirus enabled the…

Stocks dive deep in red amid global pandemic declaration

The US stocks dived deep in the red territory as the World Health Organization declared the COVID-19 coronavirus outbreak a…

Is the US economy heading into a recession?

The US stock market has been impacted by the COVID-19 outbreak, which has been spreading outside the China region at…

Most firms think it is too early to gauge the impact of coronavirus

Wall Street firms that reported financial results last week had mixed views on the impact of the COVID-19 crisis on…

Stock trading halted after sharp falls on coronavirus fears

The trading of US stocks remained temporarily halted on Monday as the stocks dipped sharply due to the oil price…

Major companies that cut guidance due to the coronavirus

The coronavirus outbreak has hit the US stock markets hard. A lot of companies have been impacted with many of…