Date: Tuesday, February 25th, 2020
Source: Barron’s (https://www.barrons.com)
Summary: The Dow Jones Industrial Average and S&P 500 are now in the red for 2020. South Korea, Italy, and Iran are seeing coronavirus diagnoses rise.
Full article address: https://on.barrons.com/3a2ACSJ
$DJIA $SPX $COMP $OXY $XOM: Stocks are bouncing back after a brutal start to the second quarter. Benchmark oil prices are up almost 10%, in part on hopes for an end to the Saudi-Russian market-share war.
$GE $WAB $UNP $SPX: Hope Eccles, the wife of Randal K. Quarles, the Federal Reserve Board’s vice chair for supervision, sold more than $1 million of GE stock a few days before the end of 2019, a newly public regulatory filing shows. She also sold up to $500,000 of GE…
$SPX $DJIA $LNC $AIG $WLTW: Insurers will start reporting earnings soon. Stocks in the sector have underperformed the broader market because of uncertainty about the fallout from Covid-19. Earnings estimates haven’t fall much yet.