What’s driving the market?
The monthly report on the employment situation in the U.S. showed that 20.5 million jobs were eliminated last month, and the unemployment rate rocketed 14.7% from a 50-year low of only 3.5% two months ago and 4.4% last month. However, the headline number was less worse than some estimates for 22 million unemployed.
Meanwhile:
Who Tells Trump When to Restart the Economy
Who made the cut: Tim Cook of Apple, Mark Zuckerberg of Facebook, Jamie Dimon of JPMorgan Chase, Sheldon Adelson of Las Vegas Sands and Robert Kraft of the New England Patriots.
Some companies nabbed multiple representatives. Blackstone got two, Steve Schwarzman and Jon Gray. Oracle has both Larry Ellison and Safra Catz. Home Depot has three: the C.E.O. Craig Menear and its co-founders Ken Langone and Bernie Marcus.
Ms. Cat’s Chronicles 