25 April 2024
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AP/Richard Drew

5 things you need to know today

Switzer Daily
29 April 2020

1. Analysts predict that the bailout costs of the 'Big Four' banks could exceed $35billion over 3 years.

2. NSW Premier Gladys Berejiklian announced only 11 new cases have been diagnosed in NSW over the passed 24 hours, out of 5400 tests.

3. Alphabet (GOOGL), the parent company of Google, jumped up 7% in extended trading on Tuesday.

4. Employees from Apple and Google formed a partnership, known as "Bubble" on April 10 to combine their resources and produce a contact tracing toolkit to reduce the transmission of coronavirus. Their software will be released this Friday.

5. The Dow dropped 0.13% to 24,101.55, S&P 500 fell 0.52% to 2,863.39 and Nasdaq dropped 1.40% to 8,607.73.

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