Daily Archives: Mar 20, 2020 at 07:15 am EDT

Surveying This Year’s Stock Market Damage Through A Sector Lens

It’s been a brutal year to date for US stocks, but the pain varies substantially from sector to sector, based on a set of exchange traded funds as of Thursday’s close (Mar. 19). Consumer staples, tech and health care are suffering the least among the main sectors that comprise the US market. Energy, by comparison, is deep in the hole, posting the biggest loss by far in the sector space.

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Macro Briefing | 20 March 2020

California is first state to issue statewide stay-at-home order: CNN
Will the federal govt’s $1 trillion stimulus be enough? Politico
Search for coronavirus vaccine has become a global competition: NY Times
The stock market could bottom before the coronavirus epidemic peaks: MW
Some safe-haven assets aren’t as safe as assumed in this crisis: Mstar
Will small businesses survive the coronavirus crisis? NY Times
Trump administration attempting to suppress surging jobless claims data: WSJ
Fed expected to significantly ramp up bond purchases: WSJ
Is the Fed considering a tool known as yield curve control? Reuters
US jobless claims surged last week as coronavirus layoffs spread: CNBC