Showing posts with the label 5 Things to Know

5 Things to Know: 5 things to know before the stock market opens Thursday

Matthew J. Belvedere 4-5 minutes - Source: CNBC 1. Dow set to rebound after heavy losses on first day of the second quarter A passenger wears a protective mask at the Wall Street subway station in New York, on Monday, March 30, 2020. Michael Nagle | Bloomberg via Getty Images U.S. stock futures were pointing to an over 200-point rebound for the Dow Jones Industrial Average at Thursday’s open ahead of what’s expected to be another unprecedented number of Americans seeking unemployment benefits. The Dow closed nearly 4.5% lower on the first day of the second quarter after logging the worst first-quarter ever. The 10-year Treasury yield dropped to under 0.6% early Thursday as global coronavirus cases approach 1 million. Oil futures bounced about 10% from highly depressed levels after President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their price war. 2. Two key measures of coronaviru