NewsWatch: Dow closes nearly 500 points higher as stock make partial rebound from worst day in three months

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MARKETWATCH FRONT PAGE

U.S. stocks closed higher Friday in choppy trading as Wall Street attempted to recover from Thursday’s steep losses but left the benchmark indexes with their biggest weekly losses since March 20. See full story.

Bankrupt Hertz gets approval to sell up to 1 billion in stock — but experts expect equity to be wiped out

The market dislocation wrought by the coronavirus pandemic has a new poster child in Hertz Global Holdings Inc., which has asked courts to sell stocks amid a bankruptcy filing. See full story.

Asymptomatic transmission of coronavirus appears to be worse than SARS or influenza — 5 reasons you should care

Asymptomatic transmission ‘is the Achilles’ heel of COVID-19 pandemic control, one study says. See full story.

The new tech hubs: With more employees working from home, companies could diversify workforces

A confluence of factors tied to COVID-19, the thriving work-from-home economy, and social protests could be accelerating momentum in Atlanta and other destinations far from Silicon Valley. The events have put a spotlight squarely on the hiring patterns of U.S. corporations during a slice of time when the physical location of prospective employees isn’t crucial, and when most organizations are actively supporting social causes with donations, pledges of support, and vows to do more on diversity and inclusion. See full story.

Low-information ‘investors’ rule the stock market — at least until they lose every cent

Robinhood and day-trading newbies already are getting their comeuppance. See full story.

MARKETWATCH PERSONAL FINANCE

The Centers for Disease Control and Prevention on Friday issued a set of social-distancing guidelines for Americans as states and cities begin to reopen their economies. See full story.

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