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Benzinga 05/27/2020 12:01
Midway through trading Wednesday, the Dow traded up 0.92% to 25224.68 while the NASDAQ fell 1.03% to 9244.09. The S&P also rose, gaining 0.12% to 2995.41. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 1,681,410 cases with around 98,920 deaths. Brazil confirmed a total of over 391,220 COVID-19 cases with 24,510 deaths, while Russia reported a total of at least 370,680 confirmed cases and 3,960 deaths. In total, there were at least 5,609,070 cases of COVID-19 worldwide with over 350,870 deaths, according to data compiled by Johns Hopkins University. Leading and Lagging Sectors. Financial shares climbed 3.3% on Wednesday. Meanwhile, top gainers in the sector included Essent Group Ltd. (NYSE:
Benzinga 05/26/2020 14:32
Toward the end of trading Tuesday, the Dow traded up 2.80% to 25150.26 while the NASDAQ rose 0.99% to 9417.08. The S&P also rose, gaining 1.94% to 3012.86. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 1,662,760 cases with around 98,220 deaths. Brazil confirmed a total of over 374,890 COVID-19 cases with 23,470 deaths, while Russia reported a total of at least 362,340 confirmed cases and 3,800 deaths. In total, there were at least 5,512,059 cases of COVID-19 worldwide with over 346,610 deaths, according to data compiled by Johns Hopkins University. Leading and Lagging Sectors. Financial shares climbed 5.7% on Tuesday. Meanwhile, top gainers in the sector included Colony Bankcorp, Inc. (NAS.
OilPrice.com 05/25/2020 18:30
Amid the coronavirus pandemic, oil demand has plummeted over the last few months but Russia’s oil minister sees the global supply and demand situation rebalancing within two months, according to RIA sources, cited by Reuters. Russia’s Energy Ministry expects oil demand to improve in May, and notes that we are already seeing major shifts to global oil supplies, with production cuts—either purposefully or otherwise—rising to nearly 15 million barrels per day. The global surplus, the energy ministry says, is between 7 million…

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