Dow Futures Edge Higher As Trump Prepares Guidelines To Re-Open U.S. Economy; Weekly Jobless Claims in Focus [TheStreet.com]
Morgan Stanley (MS)
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Source: TheStreet.com
Dow Edge Higher As Trump Prepares Guidelines To Re-Open U.S. Economy; Weekly Jobless Claims in FocusPresident Donald Trump will issue guidelines for the re-opening of the U.S. economy later today amid data that suggests "we have passed the peak on new cases."Author:Martin BaccardaxPublish date:Apr 16, 2020 4:41 AM EDTThe Thursday Market MinuteU.S. equity futures traded cautiously higher Thursday, while the dollar eased and Treasury yields stabilized, as investors reacted to President Donald Trump's plan to issue guidelines on re-opening the world's biggest economy.Trump told reporters in Washington Wednesday that coronavirus data in the United States suggest a "peak on new cases" that could give certain states the leeway needed to relax 'stay-at'-home' orders and re-open key portions of the domestic economy.“These encouraging developments have put us in a very strong position to finalize guidelines for states on reopening the country, which we’ll be announcing ... we’re going to be t
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