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Wall Street Journal – Market News

• Coronavirus Projected to Sap More Oil Demand Than Expected
  High coronavirus case numbers in several major economies will blunt the recovery of an oil market already beleaguered by low demand, the International Energy Agency said Thursday.
• Unloved Toshiba Stock Is About to Reward Suitors Again
  Activist investors have faced a setback at Toshiba, but there are nonetheless hopes the Japanese company’s fortunes could change for the better.
• Lyft's Uphill Climb Faces Potholes
  The ride-hailing company swears its business is getting better, but the numbers don’t show it yet. Investors would be wise to heed some yellow flags.
• S&P 500 Climbs but Closes Below a Record
  U.S. stocks rallied more than 1%, with the S&P 500 finishing the day just below its February high.
• Rising Treasury Yields Challenge Precious Metals Rally
  Gold prices closed slightly higher after a wild trading session, extending a volatile spell for the market as climbing yields on U.S. government bonds sap investors’ appetite for the precious metal.