Airlines Skyrocket while Stock Markets Dive | Financial & Political Impact of U.S Protests – Daily Financial News Summary for Thursday June 4, 2020

Airlines Skyrocket while Stock Markets Dive – Daily Financial News Summary for Thursday June 4, 2020 Stocks fell from their June rally, as all three major indexes slipped into the red on Thursday. The Dow Jones fell by 0.6%, the S&P 500 by 0.9%, and the NASDAQ by 1.1%. Earlier today, the NASDAQ-100 hit an intraday record high. The index has increased by over 43% since its low point on March 23. This record high is mainly due to the significant increases in Amazon, PepsiCo, Costco, and PayPal. These companies have gained 30%, 26%, 8%, and 85% since March 23, respectively. The NASDAQ-100 was down about 1% by the end of the trading day. The Labor Department released the weekly unemployment report, which was worse than estimated, partially contributing to the loss in the major indexes. Last week, unemployment was filed by 1.877 million Americans, as compared to the estimated 1.775 million. The Labour Department’s monthly jobs report will be released tomorrow. READ MORE: https://callputstrike.com/2020/06/04/airlines-skyrocket-while-stock-markets-dive-daily-financial-news-summary-for-thursday-june-4-2020/ Investigating the Financial & Political Impact of U.S Protests On Memorial Day, May 25, 2020, George Floyd, a black man was killed by a white police officer. This happened as Floyd was getting arrested and he was unarmed and was not resisting arrest. This triggered a surge of riots and protests in dozens of American cities. Thousands of people marched in protest of racism and police brutality. The financial impact of these protests is still unknown, but predictions are being made. Protest Impacts On Retailers and Small Businesses READ MORE: https://callputstrike.com/2020/06/04/investigating-the-financial-political-impact-of-u-s-protests/ Business Education, Investing, News, Stock Market, Trader Talk