Ed Slott, founder of IRAhelp.com, joins Yahoo Finance Live to highlight how the CARE Act could impact retirement plans and what it means now that required minimum distributions (RMDs) are waived for 2020....
(Bloomberg) -- There is no shocking this market anymore.Between the rapidly escalating coronavirus crisis and the unprecedented stimulus measures to counter its impact, investors have endured weeks of extreme turbulence. The evidence suggests they are becoming inured to both good news and bad.In a week of disastrous economic data and carnage across the corporate space, volatility retreated and the S&P 500 was calm, at least in comparison to the last three weeks. New bond sales surged, and were lapped up in a market otherwise preoccupied but just how big the coming wave of defaults will be.Drawing from coverage across Bloomberg News, this is how another five days of hope and fear unfolded on Wall Street and beyond.Hope and FearMonday 30 March: Extreme price swings across markets are beginning to ease. Policy and law makers globally have moved with unexpected pace to blunt the economic and financial impacts of the pandemic.The world’s...
A record jobless claims report on Thursday was followed up with a dismal jobs report on Friday. That said, let's look at a few top stock trades for next week. Top Stock Trades for Monday No. 1: Advanced Micro Devices (AMD) Click to Enlarge Source: Chart courtesy of StockCharts.comAdvanced Micro Devices (NASDAQ:AMD) was trading great on the long side when the market was rebounding higher. In all, AMD stock has actually been trading pretty well amid the novel coronavirus pullback.In late February, AMD stock posted a wicked rebound off the $42 area, but just a few sessions later, it was harshly rejected by the 50-day moving average. The latest rally was cut short by the now-declining 50-day moving average once again. It shows that bulls can't keep momentum on their side.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf the $42 level fails to buoy AMD once again, look for...
Stifel's Chief Economist Lindsey Piegza joins Yahoo Finance Live to take a closer look into the March jobs report, the state of the U.S. economy, and what this all means for small business owners in light of coronavirus....
