US economy to see V-shaped recovery: Morgan Stanley
Morgan Stanley equity strategist Michael Wilson says the U.S. economy will see a V-shaped recovery from the steepest contraction of the post-World War II era.
Marriott profit plunges 92% as coronavirus zaps travel
Marriott's first-quarter profit plunged 92 percent as COVID-19 had a dramatic impact on business.
Continental Resources loses $186M amid oil price rout
Continental Resources swung to a first-quart loss amid an unprecedented market environment.
Shanghai Disneyland reopens with anti-coronavirus controls
The park will limit visitor numbers and is keeping some attractions closed in line with social distancing guidelines
Stock futures turn negative to start the week
April's job losses were not as bad as feared
Stocks surge as economic recovery hopes put record unemployment in the rearview mirror
At least 10 states took steps to restart their economies, offering a silver lining to grim unemployment numbers.
Equity futures point to higher Wall Street open as US-China trade talks show promise
Investors brace for historically negative jobs report
Kingsoft IPO raises $510M, in first China IPO in US since coronavirus outbreak
The cloud service provider increased the size of the deal to 30 million shares on Friday
News Corp posts lower revenue amid declines in U.K., Australia
Publisher swings to $730 million loss amid charges related to Australian pay-TV unit and now-sold coupon business
Nasdaq turns positive for 2020 as investors bet on economic recovery
As more states reopen for business, investors are betting on an economic recovery.
What is a stock market correction?
The S&P 500 has experienced 65 corrections going back to 1928.
How will double-digit unemployment affect your stock portfolio?
While the economy will likely reopen before 2021, demand isn't expected to immediately return to pre-COVID levels.
Hilton scrapes out profit in early phase of coronavirus
The McLean, Virginia-based hotel operator's first-quarter profit fell 89 percent from a year ago to $18 million, or 6 cents per share.
CME trading floor coronavirus reopen is 'complicated'
The NYSE and CME are struggling with how to safely reopen exchange trading floors.
Stock futures rise as traders wait for jobless claims wave
The Jobless claims filings are estimated at 3 million for the past week
Costco’s sales fall for first time in over a decade
Fewer shoppers visited stores in April amid coronavirus pandemic, while low gas prices also ate into sales
Murphy Oil moving headquarters from Arkansas to Texas
The company said it's consolidating all worldwide staff activities to its existing office in Houston
Dow, S&P fall as US-China tensions rise over coronavirus crisis
The ADP national employment report released Wednesday morning showed U.S. companies cut 20.2 million jobs in April as the COVID-19 pandemic forced them to close at least temporarily.
Wingstop gets coronavirus sales boost from housebound customers
Sales surged as states issued 'stay-at-home' orders to curb the spread of the COVID-19 pandemic.
How can the stock market soar with rising unemployment?
Since bottoming on March 23, the S&P 500 index has rallied by nearly 30%, a big upward swing considering the grim unemployment numbers. Why is the market rallying?