US OPEN: Wall Street starts the second quarter with declines

• Number of new coronavirus cases rose in the US
• U.S. stock markets trading lower at the opening
• Caterpillar (CAT.US) extends gains

US indices open today’ trading session lower extending yesterday’s losses despite better than expected ADP and ISM manufacturing reports. Investor's sentiment worsened after President Donald Trump’s warning that the next few weeks will be very painful for the US nation and the death toll could reach 100,00 to 240,000.

The sudden shift in rhetoric’s is associated with the sharp increase of confirmed coronavirus cases in the US which reached almost 190,000 more than double those reported by China. Investors remain concerned whether the massive fiscal stimulus will be enough to offset the negative impact of the coronavirus on the US economy.

S&P500 (US500) managed to broke below the key resistance at 2505 pts and given the current uncertainty which prevails on the markets, further downside remains likely. The next support support is located at 2395.3 pts. Source: xStation5

HP (HPE.US) — The technology company’s shares went down 1% in extended trading after Xerox announced that it is withdrawing from plans to acquire HP due to ongoing concerns and market turmoil caused by the spread of the coronavirus across the world. Initial offer from Xerox was rejected by HP, therefore in February Xerox increased its offer to $24 per share, which would have valued HP at approximately $34 billion.

HP (HPE.US) share price bounced off major resistance at $10.52 per share and as long as the price sits below it, the continuation of a downward trend looks more probable. The local support level can be found at $7.41 per share. Source:xStation5

Caterpillar (CAT.US) – the heavy equipment maker announced that in order to reduce expenses will withhold annual salary increases for executives, managers, and salaried employees. The company announced that will also not pay out bonuses to employees next year amid the coronavirus outbreak.

Caterpillar (CAT.US) – share price soared recently and is heading towards important resistance level at $119.10 per share in an attempt to close the bearish gap. Breaking above this level may lead to a bigger upward movement towards next resistance at $130.10 which is additionally strengthen by 200 MA (red line). Source:xStation5

20 May 2026, 7:24 PM

URGENT: Hawkish FOMC minutes fail to halt market gains

20 May 2026, 7:00 PM

Daily Summary: 6% Oil Declines Fuel Stock Gains

20 May 2026, 4:35 PM

US Open: NASDAQ up ahead of NVIDIA results

20 May 2026, 11:41 AM

Chart of the day: US500 (20.05.2026)

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days