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Stock impact report

Economy, stock markets look even shakier after Trump announces European travel ban and NBA ends season [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
Economy, stock markets look even shakier after Trump announces European travel ban and NBA ends season Paul Davidson USA TODAY Dow futures tumbled 1,000 points late Wednesday after President Trump said in a nationally televised address that all travel from Europe to the U.S. is banned for 30 days to limit the spread of the coronavirus. Standard & Poor’s 500 futures fell 3.5%. The drops in pre-market trading likely heralded more turmoil for markets Thursday. The speech came amid a cascade of negative headlines late Wednesday. The NBA canceled its season after a player tested positive for coronavirus, and just hours earlier, the Dow Jones industrial average ended its historic 11-year bull run on Wednesday by falling into a bear market. The travel restriction is likely to further hammer the earnings of battered airlines and hotel companies and hurt consumer spending, which makes up 70% of the economy, says Ryan Dietrich, senior market strategist at LPL Financial. “It sure seems like to t Show less Read more
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