CNBC spoke with several Wall Street players to see how they are adjusting to the new reality of working from home.
Both the CME Group and the New York Stock Exchange closed their trading floors last month.
A man cleans up on the trading floor, following traders testing positive for Coronavirus disease , at the New York Stock Exchange in New York, U.S., March 19, 2020.The coronavirus pandemic has roiled capital markets, but it has also led to something that was once unthinkable on Wall Street: working from home for a prolonged period of time.
Fromhertz and his girlfriend set up shop at her parents' house in Ohio, which is currently empty while they spend winter and part of the spring in Florida. There, instead of a trading desk with five monitors, he has one "really big" monitor and two laptops, limiting his "screen real estate." "If we were working from home in Hoboken, we'd be talking over each other while we were on our calls, which would not be good," he said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Wall Street rises for first time in three days as oil spurtsThe price of crude spurted as much as 30 percent higher after President Donald Trump said he expects Russia and Saudi Arabia to back away from their price war,.
Lire la suite »
Wall Street Week Ahead: Investors look to coronavirus data to support stabilizing marketsInvestors are parsing a broad range of signals, from infection counts to more traditional indicators, for clues on the trajectory markets may take in coming weeks as the pandemic caused by the novel coronavirus continues to spread.
Lire la suite »
Wall Street analysts are still upgrading stocks amid ongoing market volatility, including Twitter and LululemonNew for subscribers: Wall Street analysts are still upgrading stocks amid ongoing market volatility, including Twitter and Lululemon Check out CNBCPro and get your first 30 days free.
Lire la suite »
Dow drops more than 300 points to close out another wild week on Wall StreetStocks fell on Friday to end another volatile week of trading, pressured by a spike in coronavirus-related deaths in New York. The Dow dropped more than 350 points, or 1.7% in wild trading. The S&P 500 dipped 1.5% along with the Nasdaq.
Lire la suite »
Wall Street falls as coronavirus ends record job growthWall Street's main indexes fell on Friday as the longest period of employment growth on record in the United States came to an abrupt end due to the coronavirus, confirming a recession is underway.
Lire la suite »
Wall Street analysts bet on a bottom and upgrade more stocks, including Disney and Beyond MeatNew for subscribers: Wall Street analysts bet on a bottom and upgrade more stocks, including Disney and Beyond Meat Check out CNBCPro and get your first 30 days free.
Lire la suite »