Oklahoma City Mayor David Holt joins Yahoo Finance’s Zack Guzman to discuss the city's reopening plans amid the coronavirus as U.S. cases surpass 3.9 million, according to John Hopkins....
Disney (NYSE:DIS) shocked Wall Street this week by suspending its dividends. It wasn't so much the fact itself that shocked investors, but rather, what it suggests. It was only weeks ago that former CEO Bob Iger left Disney as a very healthy company. Now there is concern over its cash position, which has some investors concerned about DIS stock.Source: chrisdorney.Shutterstock.com However, the reaction off the headline wasn't too bad -- a mere 2% loss. The stock went a little green the next day, and so far it is holding there, so would I consider that a win for the bulls despite all the negative rhetoric.The uncertainty surrounding the novel coronavirus puts most stocks into two categories. The first one includes the select few that I call Covid-19 stocks. These include companies like Amazon (NASDAQ:AMZN) and Shopify (NYSE:SHOP) -- they have never been busier. Versus the second group, which includes almost everything...
Silver markets initially pulled back a bit during the trading week but found enough support at the $14.80 level to turn things back around and go reaching towards the $16 level. Looking at the chart, it is obvious that the $15.00 level will attract a lot of attention....
In breaking news, Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil dropped by 33 to 292 this week. The oil rig count has now fallen for eight weeks in a row, implying upcoming declines in domestic crude output....