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Curve curbed. Stocks rallied yesterday as investors cheered what appeared to be early signs of a slowdown in hotspot deaths. Spain and Italy, once at the center of the European outbreak, appear to be flattening while small signs of hope are emerging in New York.

Bitter pill. Investor sentiment soured on Friday after the monthly unemployment numbers came in far worse than expected. It wasn’t all bad news as crude oil enjoyed a healthy rally on hopes that the Saudis and Russians would meet up and end their costly spat.

Gusher. Stocks rallied yesterday on hopes that the President can work out a deal with the Saudis and the Russians to cut crude production. More than 6 million Americans filed for unemployment insurance last week, the largest weekly gain on record.

Up-ended. Stocks sold off in yesterday’s session as uncertainty around the path of the virus continued to instill fear in the markets. The President’s warning of a rough two weeks and the potential for 240,00 US deaths weighed heavily on risk assets yesterday.

In like a lion out like a bear. Stocks sold off yesterday as projected Coronavirus cases caused investors to fear that the worst is yet to come. Yesterday’s selloff capped off a quarter of losses, making it the worst first quarter on record for both the Dow Jones and S&P500 indexes.

Happy days are near again. Stocks rose in yesterday’s session on optimism that the virus may be beaten quickly. Investors drew comfort in declining new cases of COVID-19 in hard hit Italy, Spain, and Seattle.