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Stock impact report

Dow slides 360 points, capping volatile week as US reports job losses in March [USA TODAY]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: USA TODAY
CLOSEThe coronavirus (COVID-19) is impacting the global economy and raising fears of a recession. What causes a recession and what are the signs?USA TODAYCONNECTTWEETLINKEDINEMAILMOREU.S. stocks posted a third week of losses in the past four, capping a volatile stretch after the government reported a big loss in jobs last month because of the coronavirus pandemic.The Dow Jones industrial average dropped 360.91 points to close at 21,052.53. The Standard & Poor’s 500 fell 1.5% to end at 2,488.65, as energy shares gave back gains after crude prices eased. For the week, the Dow fell more than 2.5% while the S&P 500 shed 2%.The U.S. lost 701,000 jobs in March, the Labor Department said Friday, the first decline in job creation in a decade. The unemployment rate last month rose to 4.4% from 3.5%.The data comes after a separate report on Thursday showed a record 6.6 million Americans applied for unemployment benefits last week. That was double the previous week’s job losses of 3.3 million. I Show less Read more
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