U.S. economy, in clear sign of recession, shrinks 4.8% in first quarter due to coronavirus [Los Angeles Times (CA)]
IHS Markit Ltd. Common Shares (INFO)
Last ihs markit ltd. common shares earnings: 3/24 06:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.ihsmarkit.com
Company Research
Source: Los Angeles Times
In the broadest measure so far of COVID-19’s economic damage, the government said Wednesday that total U.S. output in the first quarter fell 4.8% -- faster than at any time since the Great Recession. But economists quickly noted that even this decline was likely the tip of the iceberg because the first quarter number included January and February, and reported coronavirus cases did not begin to surge until March. The full dimension of the pandemic’s economic damage will not be visible in the data until the second quarter. It left little doubt that the nation’s record 10½ years of economic expansion has come to an abrupt end, with profound political and economic repercussions. Wednesday’s negative news, coupled with grimmer prospects ahead, pose serious challenges to President Trump’s reelection strategy , which was designed to capitalize on now-vanishing prosperity. The pandemic also poses problems for Democrats hoping to rely on traditional campaign rallies and other methods of build
Show less
Read more
Impact Snapshot
Event Time:
INFO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
INFO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
INFO alerts
High impacting IHS Markit Ltd. Common Shares news events
Weekly update
A roundup of the hottest topics