Stocks Fall on Dreary Corporate News; Dollar Gains: Markets Wrap

• WTI oil heads for a weekly advance; fluctuates on the day
• Many major global markets closed for May Day holiday

U.S. stocks dropped as investors began May pondering profit warnings tied to the coronavirus and a ratcheting up of tension with China. The dollar rose as a risk-off mood prevailed.
Read more in Bloomberg: https://www.bloomberg.com/news/articles/2020-04-30/futures-drop-amid-earnings-caution-dollar-slips-markets-wrap