{"id":161780,"date":"2020-04-16T21:36:15","date_gmt":"2020-04-16T21:36:15","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=161780"},"modified":"2020-04-16T22:30:41","modified_gmt":"2020-04-16T22:30:41","slug":"mixed-session-amid-job-losses-and-recovery-plans","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/mixed-session-amid-job-losses-and-recovery-plans\/","title":{"rendered":"Mixed session amid job losses and recovery plans"},"content":{"rendered":"

Thursday’s session was mixed as the latest American jobless<\/a> claims declined from 6.615 million last week to the 5.245 million. Investors read this as a positive thing, though the figures remaining staggering. Also in the mix were plans by Trump to reopen the U.S. economy. As the new number of new COVID-19 cases declines, EU powerhouse, Germany<\/a>, has just announced plans to gradually reopen its economy and relax lockdown measures, joining other European nations including Austria and Spain<\/a>, the hardest-hit European nation.<\/p>\n

On Thursday, tech stocks continue to lead the charge with the Nasdaq rallying 1.66%, but the Dow and S&P closing only modestly positive. Amazon<\/a> continued its run, climbing 4.36% in heavy trading and hitting a record high of $2,408. Other gainers included the health sector with Regeneron Pharmaceuticals<\/a> rising 5.52%, and Dollar Tree<\/a> rising 3% as consumers continued to flock to its still-open stores.<\/p>\n

No surprise that travel and leisure continued to get hammered. American Airlines<\/a> dove nearly 10%. However, Boeing<\/a> announced after hours it would resume production<\/a> next week. Boeing plunged 8% in the Thursday session, but regained all that in immediate after-hours trading. Another after-hours headline was Gilead<\/a> announcing promising results for a COVID-19 treatment<\/a>, which sent the stock soaring over 135. The TSX lagged Wall Street, shedding 0.42%. No surprise that energy led the laggards, which included financials and real estate. On the flipside, tech, staples and materials enjoyed healthy gains. Alcanna<\/a> surged 9.46%, Blackberry<\/a> leapt 7.82% and Shopify<\/a> rallied 5.84%<\/p>\n

📦 Amazon.com<\/a> +4.36%
\n🧫 Regeneron Pharmaceuticals Inc<\/a> +5.52%
\n🛍 Dollar Tree<\/a> +3%
\n✈ American Airlines Group<\/a> -10%
\n🛫 Boeing<\/a> -8%
\n🍾 Alcanna<\/a> +9.46%
\n📱 BlackBerry<\/a> +7.82%
\n🛍 Shopify Inc.<\/a> +5.84%<\/p>\n","protected":false},"excerpt":{"rendered":"

Thursday’s session was mixed as the latest American jobless claims declined from 6.615 million last week to the 5.245 million. Investors read this as a positive thing, though the figures remaining staggering. Also in the mix were plans by Trump […]<\/p>\n","protected":false},"author":12,"featured_media":345019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-161780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/161780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=161780"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/161780\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/345019"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=161780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=161780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=161780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}