5 Numbers Explaining Why This Week May Be A Tipping Point For The Economy

5 Numbers Explaining Why This Week May Be A Tipping Point For The Economy

Stocks continued their wild swings Friday afternoon as the Dow soared more than 1,900 points, or 9.4% just minutes after President Trump declared the coronavirus pandemic a national emergency .. Another $50 billion in funds was announced Friday afternoon when Trump declared a national emergency.. It was the third time in four days the agency has intervened in the repo market.. Oil prices plummeted through the week but ended the day on Friday up about 4.5%.. Confirmed cases of the coronavirus in the United States continue to grow, with more than 1,741 infected and 41 people dead as of Friday.. I'm an assistant editor on Forbes' Money team, covering markets, fintech, and blockchain.. I recently completed my master's degree in business and economic reporting at New York University..