weekly stock market update

05 Apr: US Stock Market Weekly Update March 30- April 3, 2020

US stock market

“For the week ending on Friday, April 3, 2020, the US stock market declined and all major stock indexes had losses. We had a very negative figure for the US non-far payrolls and the weekly US jobless claims, both of them show the coronavirus negative impact on the US economy. We have to wait for the official figures for the GDP to know if we will have and to what extent a possible recession. Still, significant market moves exist in the financial markets and offer trading opportunities like the rally for oil prices and news that there could be a global oil cut production to support the falling oil prices.”

Read the rest of the US Stock Market Weekly Update March 30- April 3, 2020