Wall Street drops as oil traders cannot give away U.S. crude [Reuters]
International Business Machines Corporation (IBM)
Last international business machines corporation earnings: 4/20 04:08 pm
Check Earnings Report
US:NYSE Investor Relations:
ibm.com/investor
Company Research
Source: Reuters
Wall Street drops as oil traders cannot give away U.S. crude (Reuters) - Wall Street tumbled on Monday after U.S. crude futures turned negative for the first time ever, with traders forced to pay to unload crude as the May contract expired during a global economic slump unleashed by the coronavirus outbreak. The S&P energy index .SPNY tumbled 3.7% after the front-month May U.S. West Texas Intermediate (WTI) contract CLc1 actually turned negative, with sellers offering $37.63 a barrel to any traders willing to take it. With billions of people staying home around the world due to the coronavirus, physical demand for crude has dried up. “What the energy market is telling you is that demand isn’t coming back anytime soon, and there’s a supply glut,” said Kevin Flanagan, head of fixed income strategy at WisdomTree Asset Management in New York. He said lower oil prices could boost the economy if it encouraged people to buy more fuel, “but that requires people getting out.” Year to date, the
Show less
Read more
Impact Snapshot
Event Time:
IBM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IBM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IBM alerts
High impacting International Business Machines Corporation news events
Weekly update
A roundup of the hottest topics
IBM
News
- International Business Machines (NYSE:IBM) was upgraded by analysts at Erste Group Bank AG from a "hold" rating to a "buy" rating.MarketBeat
- Why Supply Chain Resilience Needs To Be Part Of Your Proactive Risk Management Strategy [Forbes]Forbes
- What Business Leaders Should Know About Pension Risk Transfers In 2025 [Forbes]Forbes
- FAA launches $12.5B modernization plan [USA TODAY]USA TODAY
- How The Top Organizations Make AI Work: A Playbook For Leaders [Forbes]Forbes
IBM
Earnings
- 10/22/25 - Beat
IBM
Sec Filings
- 11/14/25 - Form 4
- 11/7/25 - Form 4
- 11/7/25 - Form 25-NSE
- IBM's page on the SEC website