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MarketWatch MarketPulseApr 10, 2020
COVID-19 case tally: 1.61 million cases, 96,783 deaths
The number of cases of COVID-19 around the world rose to 1.61 million on Friday, while the number of fatalaties rose to 96,783 according to aggregated data from Johns Hopkins Whiting School of Engineering's Centers for Systems Science and Engineering.. At least 356,161 people around the world have recovered from the novel coronavirus that has sickened people in 184 countries, the data show. The U.S still has the most cases at 466,299 and 16,686 deaths. Another 26,522 people have recovered. In Europe, Spain has 153,222 cases and 15,843 deaths. Italy has 146,626 cases and 18,279 fatalaties, making it the highest in the world. France has overtaken Germany in case numbers at 118,785 and 12,228 deaths, while Germany has 118,235 cases and 2,607 deaths. China has 82,924 cases and 3,340 deaths. Iran, another hot spot, has 66,220 cases and 4,110 deaths.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

Reuters Company NewsApr 10, 2020
Japanese shares rise as Fed rescue programme lifts bank stocks
Japanese shares settled higher on Friday, with bank stocks leading the gains on a $2.3 trillion programme by the U.S. Federal Reserve to support local governments and businesses, but trading was lacklustre due to the Easter holidays overseas.

The Motley FoolApr 10, 2020
Why Canadian Pot Stocks Are Safer Than Their U.S. Counterparts in the Coronavirus Market Crash
Many U.S.-based cannabis companies could be in danger of going under this year.

Asia stocks higher after latest US coronavirus stimulus ( - Financial Markets)

MarketWatchApr 10, 2020
NewsWatch: Stocks will revisit their coronavirus crash low, and here's when to expect it
U.S. market history points to a final bottom in August, writes Mark Hulbert.

MarketWatch MarketPulseApr 10, 2020
Advance Auto boosts pay and paid sick time for workers, withdraws guidance and suspends buybacks
Advance Auto Parts Inc. said it is offering workers emergency pay that includes additional paid sick time of 80 hours for full-time workers and 44 hours for part-time workers to help them during the coronavirus pandemic. The after-market car parts provider is also offering team members a grant of up to $300 to help with living expenses, such as child-care costs. Raleigh, N.C.-based Advance Auto is offering customers curbside pickup ad same-day delivery via its mobile app. In an effort to rein in costs during a period of reduced business with many drivers subject to stay-at-home orders, the company is reducing capital spending for 2020 by 50%. It has closed some stores temporarily and reduced hours at others. The company is withdrawing financial guidance for 2020 provided on Feb. 18 and has suspended its share buyback program. Same-store sales for the twelve weeks ended March 21 fell 3.2% from a year ago, but fell about 28% in each of the two following weeks. "COVID-19 has had a greater impact on the company's professional business than DIY omnichannel and has been particularly acute in major urban markets such as New York, Detroit and the San Francisco Bay Area," said the company. In March, Advance Auto drew down $500 million from an undrawn $1 billion revolving credit facility, which may be increased to $1.25 billion. As of April 4, the company had about $744 million in cash on hand, including the dividend paid on April 3. Shares were not yet active premarket, but have fallen 33% in the year to date, while the S&P 500 has fallen 14%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news. - Financial MarketsApr 09, 2020
Coronavirus fight helps lift global equity funds
Second straight week of inflows as investors switch back into stocks

USA Today MoneyApr 09, 2020
Stocks rise as Federal Reserve provides $2.3 trillion to support economy, capping best week since 1974
U.S. stocks rose Thursday after the Federal Reserve said it would provide $2.3 trillion in support for the economy.       
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