NewsWatch: Why the stock market is nowhere near a bottom and investors can expect a massive hit

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MARKETWATCH FRONT PAGE

S&P 500 could tumble to a range between 1,275 and 1,710 before a bull market resumes, writes Cam Hui. See full story.

If those stimulus checks are arriving on schedule, you wouldn’t know it from all the complaining

The IRS announced in a tweet over the weekend that those stimulus checks have already started arriving in the accounts of eligible Americans around the country. But how many people have already received them? See full story.

Fauci says he used poor choice of words when describing Trump coronavirus efforts

Anthony Fauci on Monday tried to clarify a comment he made in a Sunday interview about the Trump administration’s coronavirus response, saying he used a “poor choice of words.” See full story.

America should be ready for 18 months of shutdowns in ‘long, hard road’ ahead, warns the Fed’s Neel Kashkari

Neel Kashkari, the head of the Federal Reserve Bank of Minneapolis, painted a rather gloomy picture in a CBS interview on Sunday morning of what lies ahead for the U.S. economy as the country continues to battle the coronavirus outbreak. See full story.

Why these internet stocks can ride out a pandemic and rough earnings season

Technology stocks bucked an otherwise down day on Monday, thanks in large part to a rally for Amazon. The internet sector is one of the few benefiting right now from the economic fallout brought on by the coronavirus pandemic. See full story.

MARKETWATCH PERSONAL FINANCE

The IRS is launching a tracker for the ‘economic impact payments’ of up to $1,200 that it’s sending to most Americans. See full story.

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