Following the market
| 24/04/2020 | 27/04/2020 | Change | % change | |
| S & P 500 | $2836.74 | $2878.48 | $41.74 | 1.47% |
| U.S. 6 – month bond yield | 0.14% | 0.15% | 0.0001 | 0 |
| U.S. 30-year bond yield | 1.17% | 1.25% | 0.0008 | 6.84% |
| WTI crude | $17.18 | $12.34 | -4.84 | -28.17% |
| Gold | $1745.70 | $1720.30 | -25.4 | -1.46% |
| Currency (EUR-USD) | $1.1 | $1.1 | 0 | 0 |
| Microsoft corporation | $174.55 | $174.05 | -0.5 | -0.29% |
Closing bell report summary
Stocks started the week on a rally following weekend moves by states to ease pandemic-related shutdowns. The Dow Jones Industrial rose by 358 points; the Nasdaq Composite gained 95 points while the S&P 500 rose by 41. 74 points. The oil prices fell sharply over concerns of grand of crude oil in the market. The U.S. crude futures fell 25% on Monday. Investors are hopeful that the economy will reopen soon after. Investors are also are looking ahead to the two-day meeting by the Federal Reserve and corporate earnings results. Companies such as Amazon Facebook and Apple are scheduled to report the first-quarter earnings in the next few days. The companies are likely to produce insights about how a corporate CEO’s view prospects for the rest of the year.
Microsoft news today
The Coca-Cola Company on Monday announced a five-year agreement with Microsoft Corp. To standardize its business operations on Microsoft’s cloud and deliver rich new digital experiences that will provide innovative solutions to modernize how the company engages with employees and customers. With this agreement, the companies will utilize the capabilities of Microsoft Azure, Dynamics 365 and Microsoft 365. The move will help The Coca-Cola Company gain new insights from data across the enterprise, enabling an all-around of the business, and providing a better customer service experience.
WSJ what’s News — Top stories today
More than have a dozen states have started to ease the lockdown measures and allow some businesses to reopen. However, many residents and business owners are still sceptical on their safety. Today the global number of reported coronavirus cases surpassed 3 million. The Trump administration is sending coronavirus tests to screen about at least 2% of each state population. People and business leaders say that more testing is needed. About 1.6% of the USA population has been tested so far according to the COVID-19 tracking project. Today the Supreme Court ruled that the USA government must give health-insurance companies a potential $12 billion. This is as a result of the losses incurred under the law, thanks to a program known as risk corridors. The Federal Reserve has propped up businesses, states and cities in ways it has rarely done before. Today, the Fed announced that it would bring its lending program after facing pressure from lawmakers.