Coronavirus live updates: With $2 trillion stimulus near, stocks rally despite record unemployment claims; death toll rises in NY
On a day when jobless claims smashed a record and U.S. deaths surged past 1,100 as the coronavirus tightened its grip on America, the prospect of a stimulus package soon becoming reality helped propel a third consecutive stock market rally Thursday.The Labor Department, in announcing the unemployment claims numbers for last week, said what Americans already knew – that layoffs hit the hospitality and food service industries particularly hard. Other […]
