日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語(yǔ)Fran?ais
World
Home / World / Americas

Oil continues to recover in early trading

By SCOTT REEVES in New York | chinadaily.com.cn | Updated: 2020-04-25 00:46
Share
Share - WeChat

US stocks were mixed at the open Friday, but oil continued to recover from an unprecedented selloff after demand collapsed amid the coronavirus pandemic.

Oil rose for the third day in a row, recovering from a historic collapse that saw futures contracts flip negative for the first time in history. Supply outstripped demand, further depressing prices.

In early trading, the Dow Jones Industrial Average edged up 44.57 points, or 0.19 percent, to 23,556.67/ The S&P 500 gained 0.05 percent. The Nasdaq Composite slid 0.22 percent.

West Texas Intermediate crude, the guide for US oil prices, rose 7.03 percent. Brent crude, the worldwide benchmark, gained 2.30 percent.

US President Donald Trump said he will extend national social-distancing guidelines until early summer and possibly longer. "Until we feel safe, we're going to be extending," he said Thursday at a White House news briefing on the coronavirus. The federal guidelines, first offered in mid-March, were scheduled to expire at the end of April.

The governor of Georgia has relaxed guidelines to allow some business owners to reopen if they wish. Protests throughout the nation have urged governors to relax the shutdown.

Consumer spending, which represents about 70 percent of the US economy, has withered as unemployment soared. Despite volatility, the market has rallied in the last two weeks – the strongest rebound since the Great Depression.

On Thursday, the House approved a $484 billion bill to provide aid for small businesses and hospitals. Trump is scheduled to sign the bill Friday.

The measure follows a $2.2 trillion package intended to boost the economy and the Federal Reserve's decision to slash interest rates and pump money into the economy. Additional stimulus measures are likely

About 26 million people have filed unemployment claims following shutdown orders intended to curb the spread of the coronavirus. There have been about 50,000 coronavirus-related deaths in the US.

There may be more market volatility ahead as companies cut or eliminate dividends, lower earnings expectations and some file for bankruptcy protection in the economic downturn.

Boeing's 737 MAX, grounded worldwide after two fatal crashes killed a total of 346 passengers and crew, isn't expected to be re-certified for commercial service until late summer or early fall, The Wall Street Journal reported. In early trading, Boeing's stock fell 2.58 percent.

Bloomberg News reported that Apple plans to develop its own chips by 2021 rather than rely on Intel. Intel said first-quarter earnings beat expectations but warned that profit would fall in the second quarter. In early trading, Intel's stock lost 3.56 percent.

Verizon said it beat earnings estimates, but warned that the coronavirus outbreak is dragging down sales of new phones. In early trading, Verizon's stock declined 0.29 percent.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 欧美区在线 | 777久久婷婷成人综合色 | 国产精品精品视频 | 国产自产拍精品视频免费看 | av一区二区三区在线观看 | 国产久视频 | 欧美日韩三区 | 色噜噜狠狠色综合久 | www午夜| 人人艹人人看 | 黄色一级在线视频 | 日韩在线精品视频 | 日韩免费视频播播 | 欧美成人a∨高清免费观看 毛片特级 | 91久久99热青草国产 | 成人小视频在线观看 | 久久精品呦女 | 新婚少妇小倩给老许泄火 | 免费精品久久久久久中文字幕 | 亚洲精品日韩在线 | 美女扣下面流白浆丝袜 | 精品久久伊人 | 欧美性一区二区三区 | 成人精品免费视频 | 九九精品热 | 欧美午夜视频 | 国产精品久久久天天影视香蕉 | 性xxxx视频播放免费 | 欧美一区二区在线播放 | 韩国三级bd高清中字木鱼天 | 亚洲欧美另类综合 | 毛片基地看看成人免费 | 天天干天天拍天天操 | 久久精品国产亚洲一区二区 | 色综合久久综合欧美综合图片 | 国产一级免费视频 | 精品久久网 | 色色成人网 | 亚洲一区二区三区91 | av免费在线观看av | 精品视频一区二区观看 |