Stocks Resume Their Drop, Unemployment Claims and COVID-19 Cases Surge

Published April 6, 2020

March mercifully ended after producing a global pandemic,a record 6.6M in weekly US initial jobless claims and a large drop in the stock market. By index type, March ranged from down 9% for big cap tech (XLK) with Microsoft and Apple steadier than most to -26% for our Panel Supplier Stock Index (PSSI) with AUO, Innolux and CSOT down at least 30%.

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Written by

Ross Young

Ross.Young@counterpointresearch.com

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