Dow Jones Pops on Fed's Extraordinary Attempt to Prop Up the Economy

The Dow Jones popped this morning after the Federal Reserve announced $2.3 trillion of loans to support small businesses and consumers. But investors fear this uptick might not have legs... Unemployment claims in the coronavirus lockdown have ballooned to 6.6 million. The 10-Year U.S. Treasury bond fell to 0.72% this morning. Gold, meanwhile, popped above $1,700 today. Read further for more on how the coronavirus crisis is affecting the Dow today. Read more... Tags: Dow Jones To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Dow Jones Pops on Fed's Extraordinary Attempt to Prop Up the Economy appeared first on Money Morning - We Make Investing Profitable .