Week In Review: How Trump's Policies Moved Stocks -Saturday, April 18

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump and his administration with this weekly recap compiled by The Fly:

 'OPENING UP AMERICA AGAIN': 

On Thursday night, President Trump unveiled guidelines for "Opening Up America Again," which he called "a three-phased approach based on the advice of public health experts." In "Phase One," sit-down dining, movie theaters, sporting venues, and places of worship can operate under strict physical distancing protocols. Elective surgeries can resume, as clinically appropriate, on an outpatient basis at facilities that adhere to CMS guidelines. Gyms can open if they adhere to strict physical distancing and sanitation protocols. In "Phase Two," schools and organized youth activities can reopen and bars may operate with diminished standing-room occupancy, where applicable and appropriate.

U.S. WEIGHS PAYING OIL DRILLERS NOT TO DRILL:

The White House is weighing paying U.S. oil producers to leave crude in the ground to help mitigate a glut that has caused prices to drop and forced some drillers into bankruptcy, Bloomberg's Jennifer A. Dlouhy and Sheela Tobben reported. The Energy Department has come up with a plan to compensate firms for sitting on as much as 365M barrels worth of oil reserves by effectively making that untapped crude part of the federal government's emergency stockpile, the authors say, citing senior Trump administration officials. Publicly traded oil exploration and production companies include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS-A), Total (TOT), Antero Resources (AR), SM Energy (SM), Callon Petroleum (CPE), Oasis Petroleum (OAS), Laredo Petroleum (LPI), Extraction Oil & Gas (XOG), Crescent Point Energy (CPG), Centennial Resource Dev (CDEV), Whiting Petroleum (WLL), and PDC Energy (PDCE).

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