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0 -0.00290768112430348 -0.00848073661255152 -0.00969227041434453 0.00072692028107587 -0.00266537436394474 -0.00121153380179317 0
Stock impact report

Wall Street Breakfast: All Along The Shuttered Economy [Seeking Alpha]

Cisco Systems, Inc. (CSCO) 
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: Seeking Alpha
U.S. coronavirus cases top 400KA big rally yesterday saw the Dowclimb more than 900 pointsGo deeper:Bram de Haas fears this bear rally.More aid for small businessThe Trump administration has asked Congress for an additional $250B in emergency economic aid for small U.S. businesses reeling from the coronavirus pandemic. That's in addition to the $349B that's already part of the CARES Act signed into law on March 27. More than $70B of the PPP loans have already been processed, which encourage small enterprises to keep their employees on staff and to help them pay overhead costs.V-shaped recovery less likely"I don't think it's going to be a rapid" bounceback, former Fed Chair Ben Bernanke told a virtual discussion hosted by the Brookings Institution. While the economy could contract at a 30% annualized rate or more in Q2, he brushed aside comparisons to the 12-year-long Great Depression, saying, "if all goes well in a year or two we should be in a substantially better position." Bernanke Show less Read more
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