Stock market news live updates: Stock futures open TK

Stock market news live updates: Stock futures open TK

Stock futures kicked off the overnight session TKTKTK Thursday as market participants considered mounting signals of labor market devastation amid the still-escalating coronavirus pandemic. In the past two weeks alone, an astonishing nearly 10 million American filed for initial unemployment insurance, underscoring the mounting strain the outbreak has unleashed on the U.S. economy. With this […]
Coronavirus hammers the already battered NYC luxury housing market

Coronavirus hammers the already battered NYC luxury housing market

The luxury housing market in New York City is grinding to a halt at the hands of the novel coronavirus. For the week ending March 29, there were only two contracts signed for properties being sold for at least $4 million in Manhattan, New York, down from 14 a week...
Why the market doesn’t have to plummet further amid coronavirus

Why the market doesn’t have to plummet further amid coronavirus

Over the near-term, it’s worth staying defensive in the stock market because it still needs time to repair the recent technical damage, but I wouldn’t get too negative. The coronavirus numbers will likely continue higher but that doesn’t mean the stock market has to...