U.S. stock futures bounce Wednesday after concerns about the unprecedented oil collapse wiped more than 1,200 points off the Dow this week.
per share in its first quarter on revenue of $8.59 billion, reflecting the carnage in the airline industry as demand for travel dried up due to the virus. Delta sees its daily cash burn moderating. The airline also expects $5.4 billion in government support. Mortgage volume appears to be settling into a new normal, as refinance demand stays high and purchase demand sits at a five-year low.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances was unchanged at 3.45%. Thursday on the $484 billion coronavirus relief package that unanimously passed the Senate on Tuesday evening. The measure injects another $310 billion into a key loan fund designed to keep employees on small company payrolls. It also includes $75 billion in hospital aid and $25 billion for virus testing.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A 12-year-old girl died after trying to walk 200 miles home during coronavirus lockdownA 12-year-old girl in India, who embarked on a 200-mile journey home on foot during the nationwide coronavirus lockdown, died just an hour away from her house, according to local officials.
Read more »
The Weeknd Triples Up Atop Artist 100, Hot 100 & Billboard 200 Charts for Fifth WeekFor a fifth week in his career, The Weeknd ranks No. 1 on the Billboard Artist 100, Billboard Hot 100 and Billboard 200 charts simultaneously.
Read more »
What to watch today: Dow set for another sharp drop as oil prices deteriorateDow futures point to another sharp decline at Tuesday's open as longer-term U.S. oil futures start to plunge.
Read more »
Dow tanks 632 points as oil's record-breaking plunge sends traders fleeing to safety | Markets InsiderUS stocks dropped for the second straight day on Tuesday as oil prices continued to whipsaw in the face of a supply glut and lack of storage options.
Read more »
Dow tumbles 500 points as oil's historic plunge worsens | Markets InsiderUS stocks slid further on Tuesday as oil continued to trade at negative levels. West Texas Intermediate contracts expiring in May traded as low ...
Read more »
Stocks Plunge, Dow Falls 500 Points As Historic Oil Rout ContinuesStocks were down 2% as the selloff in oil markets deepened.
Read more »