Archive for March 2nd, 2020

<p>Stocks rose sharply in volatile trading on Monday, clawing back out of correction territory and regaining a big chunk of their losses from Wall Street’s worst week since 2008.</p><p></p>

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Quarantines, tariffs and slumping sales have caused agitation about the company’s strategy of assembling most of its products in China. In recent weeks, factory production has been crippled and Apple warned investors it won’t meet its own sales estimates.

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Warren Buffett, ever the beacon of market optimism, appears to be positively bullish about where stocks are headed from here. Then again, he’s sitting on more cash than he ever has before.

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<p>Stocks rose on Monday in volatile trading as Wall Street tried to rebound from its worst week since the financial crisis amid fears of the coronavirus outbreak. </p>

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<p>Stocks rose on Monday in volatile trading as Wall Street tried to rebound from its worst week since the financial crisis amid fears of the coronavirus outbreak. </p>

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<p></p><p>Stocks rose on Monday in volatile trading as Wall Street tried to rebound from its worst week since the financial crisis amid fears of the coronavirus outbreak. A weaker-than-expected reading on U.S. manufacturing dented investor sentiment.</p>

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<p>Stocks rose on Monday in volatile trading as Wall Street tried to rebound from its worst week since the financial crisis amid fears of the coronavirus outbreak.</p>

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Fortune magazine once called him "manager of the century," but he also was known as "Neutron Jack" for slashing tens of thousands of jobs.

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A potential economic slowdown from the coronavirus could spell trouble for a growing number of borrowers that have defaulted on their car loans.

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<p>Stock futures pointed to a flat open as Wall Street tries to rebound from its worst week since the financial crisis amid fears of the coronavirus outbreak.</p>

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Banks likely hold the equivalent of $1.2 trillion worth of short positions in 10-year Treasuries, suggesting any rebound in yields could be capped if they cover their bets, according to JPMorgan Chase &amp; Co.

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<p>Stock futures recovered from an earlier tumble on Sunday night as investors shrugged off concerns around the coronavirus outbreak.</p>

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CEDAR KNOLLS, N.J. — Many shoppers at the local Walmart had the same question on Friday morning: “Where do I find your hand sanitizer?” The answer: Nowhere. Employees at the Cedar Knolls store showed shopper after shopper shelves devoid of any hand sanitizer. When an employee found a lone small box of travel packs of Clorox disinfecting wipes high on a shelf, hands reached in, grabbing the packs, three or more at a time. Asked when more hand…

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A major multinational economic group cut its outlook for 2020 as coronavirus cases show up around the globe, suggesting that global growth could be cut in half if infections spread widely outside of China. The Organization for Economic Cooperation and Development said that if the outbreak sweeps through the Asia-Pacific region, Europe and North America, global growth could fall to just 1.5 percent in 2020, far less than the 3 percent it…

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