Business
Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks take a roller coaster ride and finish lower. The markets digest the latest readings on the economy including weekly jobless claims pulling back about 33K over the past week to 860K, the Federal Reserve signalling low benchmark rates for several years, the latest efforts in Washington for another covid rescue package and work on a coronavirus vaccine. The Dow finished the day down 130 points, snapping a four day winning streak, after sliding nearly 400 early on and then briefing moving into positive territory during the trading day. Analysis on the markets and the economy from Economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center and Art Hogan, Chief Market Strategist, National Securities. Support the show: https://www.frankmottek.com See omnystudio.com/policies/listener for privacy information.