The extra $600 in unemployment benefits provided by the federal government is delayed in some states, leading to smaller-than-expected payments.
Jeffrey Gundlach, CEO of DoubleLine, said on Monday the stock market could sell off again to retest the low in March as he believes investors are too optimistic about the
Jeffrey Gundlach said a popular ETF is incredibly overvalued given some of the Fed’s actions to support the economy during coronavirus pandemic.
Twitter rises on an upgrade while bank stocks gain on hopes of reopening the economy.
The U.S. Oil Fund, which is popular with retail investors, announced new changes on Monday as the fund fights to stave off additional losses.
WTI prices dropped 25% on Monday, extending weeks of steep losses.
These are the stocks posting the largest moves before the bell on Monday.
Stocks attempted to rebound after last week’s losing five day stretch.
Stocks futures traded slightly higher on Sunday night as investors assessed the possibility of re-opening the global economy.
Data from FactSquared, a Washington D.C.-based data analytics firm, shows the full extent that public companies successfully navigated emergency funding.