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Stock impact report

Stocks Mark Worst First Quarter in History — What Wall Street Is Saying Now [TheStreet.com]

Paychex, Inc. (PAYX) 
Last paychex, inc. earnings: 3/25 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.paychex.com
Company Research Source: TheStreet.com
spread of the coronavirus seems indefiniteAll three major U.S. indices fell around 1% Tuesday, with the S&P 500 down 1.6%.In the last week or so, stocks haven’t fallen or risen by much, as the market has calmed a bit. The S&P 500 is essentially flat since March 17.The $2 trillion spending bill from Congress — to support near-term liquidity for starved households and businesses — is giving the market confidence that a recession will be padded by policy. There are whispers of $600 billion added to the plan. And the Federal Reserve is supporting interest rates across the bond market as well as providing short-term funding though the repo market to other central banks.As the market has rebounded, with the S&P 500 bouncing 15% from its 2020 low, the market is now pricing in a recession to a lesser degree than it was before. Expected earnings for the next 12 months could yield an investor 7% more than the 10 year treasury could a few weeks ago. Now, that premium is under 6%. It gets to 9% b Show less Read more
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