US, WASHINGTON (ORDO NEWS) — Main stocks to follow on Friday on Wall Street where the futures indicate an opening up 2.4% for the S & P-500 and for the Dow Jones and around 3.6% for the Nasdaq:
* The rebound in global equities should benefit all sectors, starting with those hardest hit in recent days. Airlines AMERICAN AIRLINES, DELTA AIR LINES, Spirit Airlines, UNITED AIRLINES and SOUTHWEST gained between 7.6% and 14.4% in avant-Bourse. A Republican proposal presented to the Senate on Thursday plans to provide $ 58 billion (54.2 billion euros) in guaranteed loans to airlines challenged by the coronavirus pandemic.
* EXXON MOBIl and CHEVRON (NYSE: CVX ) each take 7% in avant-Bourse.
* The cruise lines CARNIVAL, ROYAL CARIBBEAN CRUISES and NORWEGIAN CRUISE LINE increased from 6.7% to 11.5%.
* Casino operators WYNN RESORTS, LAS VEGAS SANDS, MGM RESORTS and MELCO RESORTS are up from 9.8% to 17%.
* The HYATT HOTELS, MARRIOTT and HILTON WORLDWIDE hotel groups are shown up from 1% to 12%.
* BOOKING, TRIPADVISOR (NASDAQ: TRIP ) and EXPEDIA online travel agencies take between 7.4% and 11.5%.
* TESLA (NASDAQ: TSLA ) fell 8% in after- hours trading on Thursday after announcing the suspension from March 24 of production at the Fremont, California plant, putting an end to dissension with the California authorities, concerned about the spread of the coronavirus. Vehicle registrations of the American automaker in China fell 35% over a month in February, according to data from consulting firm LMC Automotive.
* TIFFANY (NYSE: TIF ) on Friday reported non-GAAP earnings per share higher than the Definitive consensus in the fourth quarter and did not provide a forecast due to the ongoing merger with LVMH (PA: LVMH ). The luxury group plans to buy shares of its target directly on the stock market, the price of the title having fallen below the agreed price, Bloomberg News reported Thursday, citing sources familiar with the matter.
* BOEING (NYSE: BA ) announced the resignation of its board of directors from Nikki Haley, former US ambassador to the United Nations, who opposed the request for $ 60 billion in government assistance for the aeronautical industry.
* APPLE (NASDAQ: AAPL ) has limited online iPhone purchases to two units per person in many countries, including the United States and China, in order to avoid resale while the group closed all of its stores outside of China due to the coronavirus.
* YouTube, a subsidiary of ALPHABET, announced Friday that it would reduce the quality of online videos in the European Union to avoid saturation of the network as millions of people switched to telework to limit the spread of the coronavirus.
* MYLAN (NASDAQ: MYL ) gained more than 14% in avant-Bourse after the restart of the production of its antimalarial drug, considered as a potential treatment of Covid-19.
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The article is written and prepared by our foreign editors from different countries around the world – material edited and published by Ordo News staff in our US newsroom press.