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Your coronavirus stimulus check could be the perfect excuse to go shopping for bargains in the stock market.
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These stocks have soared while the overall market tanked. But are they buys?
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 BlackRock, the massive asset manager tapped to manage the Federal Reserve's bond purchase stimulus program, will charge no fee, according to a term sheet released late Friday. BlackRock will also credit back the value of all underlying fees and income that it earns on its own exchange-traded funds within the program. "Net fees for BlackRock, including the value of the credit, shall be made public on a regular basis," the term sheet said. The company also pledged to "treat BlackRock-sponsored ETFs on the same neutral footing as third-party ETFs." The terms came after some criticism was directed at the Fed for giving the contract to a well-connected Wall Street firm.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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 Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
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 Wall Street stocks tumbled on Friday, ending a massive three-day surge after doubts about the fate of the U.S. economy resurfaced and the number of coronavirus cases in the country climbed. U.S. stocks deepened their losses late in the session, even after the House of Representatives approved a $2.2 trillion aid package - the largest in American history - to help people and companies cope with an economic downturn caused by the coronavirus outbreak and provide hospitals with urgently needed medical supplies.
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 U.S. stocks pulled back Friday following three straight days of gains as the House approved a massive coronavirus relief package for the U.S. economy.
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 * Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh
(Updates to market close, adds stimulus signed into law)
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United Airlines Inc. said Friday it won't furlough its employees or cut their pay after lawmakers approved the $2 trillion bailout to respond to the economic fallout of the novel coronavirus, including the pandemic's impact on air travel, but said a smaller workforce is possible if the demand rebound is slow. "The impact of COVID-19 on demand for air travel has been dramatic and unprecedented -- far worse than even the aftermath of 9/11," United Chief Executive Oscar Munoz said in a memo to United's nearly 100,000 employees. "United will not conduct involuntary furloughs or pay cuts in the U.S. before September 30th," the memo said. Virtually all airlines have announced schedule and capacity cuts, hiring freezes, and cost-cutting measures as the outbreak worsened and flying slowed to a trickle. United said Friday it expects to make further schedule cuts for May and June. Demand is likely "to remain suppressed for months after that, possibly into next year," the company said. "If the recovery is as slow as we fear, it means our airline and our workforce will have to be smaller than it is today." Shares of United have lost nearly 60% in the last 12 months, compared with losses around 8% for the S&P 500 index. President Donald Trump was expected to sign the stimulus package legislation later on Friday.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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