Market trend just ‘flipped’ in the coronavirus chaos: Bespoke’s Hickey

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The coronavirus chaos has turned a historical market trend on its head.

According to Bespoke Investment Group co-founder Paul Hickey, buying and holding stocks in extended hours trading has morphed into a losing proposition for investors.

Typically, it has been a time frame that’s more profitable than buying at the open and selling at the close.

“This year has been a lot different. Holding equities outside of regular trading hours has actually resulted in a decline of 28% while holding during the trading session has resulted in a gain of about 6%,” he told CNBC’s “Trading Nation” on

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Small businesses find themselves waiting for updates on loan approvals

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Jen Morrow is eagerly awaiting an update from her community bank, Sandy Spring, on a $30,000 loan request for her book store, Bards Alley, in Vienna, Virginia.

Since the start of the coronavirus outbreak, Morrow has gone from 12 employees to a staff of just three, including herself, as her bookstore — typically filled with book clubs, customers in the cafe and a community of readers — is now empty. She’s gotten creative, delivering books to homebound customers via bicycle with a neighboring bike business. Meanwhile, she is hoping and waiting to hear about her loan.

“I am trying to

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Stock futures fall following rebound on hopes pandemic is stabilizing

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Stock futures fell slightly in overnight trading on Monday, following a steep rebound in the previous session, as investors grew more hopeful that the peak in coronavirus cases could be reached soon.

Futures on the Dow Jones Industrial Average dipped about 40 points, implying a 100-point loss at Tuesday’s open. The S&P 500 and the Nasdaq futures also traded slightly lower.

Stocks surged on Monday as a slew of coronavirus headlines pointed to a potential stabilization in the U.S. The Dow soared 1,600 points, posting its third biggest point gain ever. The S&P 500 jumped 7% to its highest level

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Gannett, Kraft Heinz, Boeing and more

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Kraft and Heinz products

Scott Olson | Getty Images

Check out the companies making headlines after the bell.

Gannett — The media company’s stock climbed 1% in extended trading after the Gannett named Douglas Horne as its new CFO. Horne previously served as global controller for The We Company (WeWork), which saw a failed IPO in 2019.  He also was senior vice president and controller at Warner Media. “With over 20 years of media-specific finance experience, including establishing the public-company finance and accounting functions for the spin-off of AOL from Time Warner, as well as leading the administrative integration planning

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