Among a set of data released by IHS Markit on the same day, India's business activity index came out to be the lowest.

While a decrease from the previous week, 1.8 million claims is "indicative of a labor market that's under quite a lot of stress," said Michelle Meyer.

Zoom's stock price has already tripled this year, boosting its market capitalization to almost $59 billion.

While the labor market is still reeling from the pandemic, "job loss likely peaked in April, as many states have begun a phased reopening," ADP said.

Coronavirus bonds are somewhat murky assets, as they aren't tied to specific criteria and funds' uses aren't closely tracked.

Filing for Chapter 11 comes with all kinds of costs that many oil and gas companies may not be able to afford amid this downturn, legal experts said.

Sources said that Coatue Management significantly reduced exposure in its quant fund as the global economy shut down in early April.

Positive stock-market returns have historically followed 94% of the time in the year after the indicator flashed near its current level.

Glenmede's new Reopening Index shows why the wealth manager is looking for alternatives to stocks and bonds after a historic market surge.

This is what traders are talking about.

"Markets continue to trade as if we are going to have a Hollywood ending," analysts at Rabobank wrote.

Analysts say energy markets were not fully confident that Russia would play along with production cuts for another month.

Lyft shares rose about 4% following the regulatory filing Tuesday as investors welcomed the rebound in the number of rides.

Gun stocks have easily outperformed the market at large since March as firearm purchases soar in the wake of coronavirus lockdowns.

The stock market has largely overlooked violent protests and riots in the US, opting to focus on the pace of long-term economic recovery.

Healthcare stocks were the only sector to see net selling through the period, with firms developing coronavirus drugs seeing the biggest outflows.

Nobel Prize-winning economist Joseph Stiglitz said: "Even after pandemic is put under control, economic recovery is not going to be easy."

"In 14 of the last 14 recessions, value has outperformed growth for at least 3 months when the economy showed signs of improving."

A deadly pandemic that killed 100,000 Americans, mass protests for racial equality, and a rising stock market. Sound like a彩平台? It's actually 1968.

Amazon, which has clearly come out as a winner during the pandemic, saw its $10 billion offering being oversubscribed by more than three times.

Goldman Sachs said these companies were among the few that would generate even stronger returns over the next year.

The $3.3 trillion in stimulus provided by Congress will only "partially mitigate the deterioration in economic conditions," the report said.

Investors piled into their favorite technology, entertainment, and food stocks as markets gained during May.

The White House has adopted a wait-and-see approach, and put negotiations on another stimulus bill on pause for now even as unemployment mounts.

"You have to keep in mind that these are unusual times, and shutting down the economy has major ramifications," John Buckingham said.

Financial system deterioration, rising deflation risks, or an early slowdown in economic recovery can trigger the Fed's next policy moves.

The definitive list of the best investing stories Business Insider published in May, from top-tier trader recommendations to stock picks.

"We think it is the time for the market to reassess the uncertainty to the economy," said Julian Emanuel, a managing director and strategist at BTIG.

Public US companies in a彩平台 have sold more than $120 billion of new shares, the highest since 2015, Reuters reported Tuesday, citing Refinitiv.

An important resistance level for bitcoin is $10,000, and a sustained breakout above $10,000 would generate price targets with as much as 40% upside.

Is the stock market rising only to drop again, fooling investors into a false sense of security. Or will the recent rise ring in a new bull market.

Major producers including Russia want to extend cuts for one more month, Bloomberg reported. Saudi Arabia favors a one- to three-month extension.

Chancellor Angela Merkel will hold a meeting on Tuesday with her ruling Christian Democratic Union and coalition partners to discuss new stimulus.

The recent stock rally is either hugely overblown or poised to continue, depending on which bank you listen to.

The record amount of equity issuance has been a boon for Wall Street banks, which have earned more than $1.7 billion in fees from the ECM deals.

This is what traders are talking about.

Finance Minister Bruno Le Maire said the French government would avoid taxing households to cover growing debt from the coronavirus pandemic.

"From this stock market's perspective, everything that happened this weekend means the stay-at-a彩平台 economy will last longer than we thought."

Analysts say the rise in stocks could be explained by investors choosing to focus on unprecedented aid from central banks and government intervention.

"The on-going protests and riots do present a threat for the US financial markets," said Naeem Aslam, the chief markets analyst at AvaTrade.

Republican Rep. Kevin Brady unveiled a bill that would offer a $1,200 cash bonus for Americans going back to work.

A key measure of US manufacturing increased in May for the first time in four months, inspiring confidence in an economic recovery.

Robintrack is a platform that uses data from Robinhood's API to track how many Robinhood users own a particular stock over time.

Gunmakers had already seen hefty gains through May, with Sturm Ruger's CEO attributing a sales leap in part to relaxed lockdowns and virus fears.

The company will report fiscal first quarter 2021 earnings on Tuesday — its first to show the impact of the coronavirus pandemic on revenue.

The reasons for the intensity of the protests following George Floyd's death rang from the militarization of police to the influence of social media.

The estimate fell slightly from a May 29 projection and takes new data from the manufacturing and construction industries into account.