This post was originally published on this site
MARKETWATCH FRONT PAGE
Some 2.2 million unemployed Americans applied for jobless benefits last week through the states while another 1.1 million new claims were filed through a temporary federal-relief program, reflecting persistent pressure on struggling companies to slash payrolls even as the economy slowly reopens for business. See full story.
This 2020 presidential forecast says Trump faces historic defeat due to terrible economy
President Trump could suffer a historic defeat in the fall if the economy doesn’t recover sharply from the coronavirus pandemic and the disease lingers, according to model that has predicted the winner of the popular vote in 16 of the last 18 elections. See full story.
CDC now says coronavirus isn’t easily spread by touching surfaces
The U.S. Centers for Disease Control and Prevention’s guidelines now include a section on ways the virus doesn’t easily spread — including from touching surfaces or objects. See full story.
We’re now seeing the sharp edge of market volatility’s sword and it cuts deep
Central bank policies encourage speculation and many investors are in over their heads, writes Satyajit Das. See full story.
This could be the next signal for the S&P 500 to climb past 3,000, says Standard Chartered
Our chart of the day says a measure of volatility for markets could offer a hint of what’s to come on the S&P 500. See full story.
MARKETWATCH PERSONAL FINANCE
Mortgage rates have remained below 3.3% for four straight weeks. See full story.
