Overnight news: US stocks rose and fell, oil fell 4%

新浪美股 · May 7, 2020 06:46

For more global financial information, please move to live financial news live for 7 × 24 hours

Market

Close: focus on the resumption of the economy and the rise and fall of US stocks are down more than 200 points.

Us oil futures closed down 2.3% on Wednesday. Cloth oil closed down 4%.

Gold futures closed down 1.3% on Wednesday and strengthened to put pressure on gold prices.

Oil prices ended five consecutive gains euro zone economic activity bogged down European stocks closed lower

Most of the hot Chinese stocks are up. NIO Inc. Motor is up more than 10%.

Macroscopic

Federal Reserve Brad: April non-farm report will be one of the worst ever

Trump will "change blood" to the epidemic prevention working group and claim that the surge in unemployment is "fake".

Survey found that more than half of small businesses in the United States may close down as a result of the virus epidemic.

Fed study: small business loans are not proportionally allocated to the hardest-hit areas

IMF estimates that the world needs $20 trillion in public investment in the wake of the virus crisis

European Commission: EU economy is expected to contract by 7.5% this year and is expected to gradually recover in 2021

Brazil cuts its benchmark interest rate by 75 basis points and expects further easing

Person familiar with the matter: Saudi Aramco said it would postpone June oil pricing to Thursday or later.

U.S. House of Representatives hearing expert: no state fully meets the conditions for economic restart

Russia plans to rapidly reduce oil production will fully fulfill the OPEC+ production reduction commitment

Affected by the epidemic, new car sales in Mexico fell by 64.5% in April.

Trump inspects the factory without mask netizens: president and senior officials put workers at risk

Twenty-six universities have become defendants in a class action lawsuit against American college students to return tuition fees.

Company

The trading floor cannot be guaranteed after the trading floor is reopened. Traders need to sign a disclaimer.

Blackrock CEO brings bad news to corporate America: taxes may be raised in the future.

Uber will cut 14% of its workforce globally and introduce more cost-saving measures in the next two weeks

Huawei and American companies are expected to return to 5G standards to set the right track for the general rise of the concept of Huawei in the United States.

PayPal Holdings Inc's first quarter revenue of $4.6 billion and net profit fell 87% compared with the same period last year.

Lyft's net loss on revenue of $955.7 million in the first quarter narrowed year-on-year

Beyond Meat shares are up 26%. Revenue in the first quarter surged 141% from a year earlier.

The Pentagon signs a $126 million contract to produce 26 million N95 masks per month

Southwest Airlines CEO: if the financial situation deteriorates, the Aviation Division will have to "significantly downsize"

The net profit fell by more than 90% and more than 100000 employees were paid without pay. Shanghai Walt Disney Company became "the hope of the village".

Comment

Keynesian scholars warn that the world will face a rare "inflationary depression"

More than 600 performance calls will reveal the heart of the enterprise: more nervous than in 2008

UBS Wealth says Americans are wrong to increase their cash holdings: they should enter the market to select credit and stocks.

In response to the German court's decision, the first challenge for the ECB is who will take the lead in responding.

"Big short" Chanos: skeptical of the market rebound

Buffett, VS of the Federal Reserve, who should I buy it from?

European and American Bond Markets under the background of the Central Bank: blurred boundaries and awkward rating

Traders are worried that the ECB's emergency purchase program will be greatly reduced due to court restrictions.

The translation is provided by third-party software.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.