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Stock impact report

Another 5 million unemployment claims could be tallied, but the job-loss trend may be peaking [CNBC]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.moodys.com/home/default.aspx
Company Research Source: CNBC
Miguel Diaz, who works for the City of Hialeah, hands out unemployment applications to people in their vehicles in front of the John F. Kennedy Library on April 08, 2020 in Hialeah, Florida.Joe Raedle | Getty ImagesThe number of workers filing for unemployment claims could again top 5 million for the week ended April 11, but the filings may also be peaking.Economists expect a fourth week of claims in the multi-millions, the result of the abrupt shutdown of the economy that started in the second half of March to stop the spread of coronavirus. In the prior three weeks, the number of claims totaled 16.8 million.According to Dow Jones, economists' consensus forecast is 5 million for the week ended last Saturday, down from 6.6 million the week earlier.The stay-at-home orders and unprecedented shutdown of business activity hit the leisure and entertainment industry and retail workers hard, as restaurants, stores and other venues where crowds gather were closed to prevent the spread of the Show less Read more
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