One of the best weeks ever | Fed fires another bazooka | How many more job losses?

Stocks finished one of their best weeks on positive developments in the coronavirus pandemic.

VIEW IN BROWSER | SUBSCRIBE THU, APR 09, 2020 EVENING BRIEF AS OF THU, APR 09, 2020 • 04:33 ET DJIA 23719.37 +1.22% +285.80 S&P 500 2789.82 +1.45% +39.84 NASDAQ 8153.58 +0.77% +62.67   Most Active DOW NAME LAST CHG %CHG XOM 43.13 -0.72 -1.64% MSFT 165.14 +0.01 +0.01% JPM 102.76 +8.46 +8.97% S&P 500 NAME LAST CHG %CHG F 5.37 +0.34 +6.76% CCL 12.42 +0.43 +3.59% GE 7.14 -0.16 -2.19% NASDAQ NAME LAST CHG %CHG AAL 12.51 +1.18 +10.41% AMD 48.38 -0.41 -0.84% UAL 31.50 +3.99 +14.50% EDITOR'S NOTE Markets barely bristled as Thursday's jobless claims report showed another 6.6 million Americans had filed for unemployment benefits.   The coronavirus pandemic has now put about 10% of the U.S. workforce out of jobs, writes CNBC's Jeff Cox. That was expected. What was not expected was a new $2.3 trillion effort from the Federal Reserve to save the economy from the ravages of a pandemic.   The news, along with an improving outlook in the battle against the coronavirus, pushed the Dow Jones Industrial Average to finish one of its best weekly performances ever. And this was a short week with markets closed for Good Friday.   The Fed is rolling out unprecedented trillions to keep the public health crisis from spawning a full-blown financial crisis. Its latest program provides loans for small- and medium-sized businesses. It even includes plans to buy exchange-traded funds that purchase corporate junk bonds, writes CNBC's Patti Domm.   Nothing is off the table for the Fed and its unlimited assistance continues to lift the market off its March 23 low.   "They keep doing things day after day," said John Briggs, head of strategy at NatWest.  "It makes you wonder how bad the data is they're seeing."     Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. Al Lewis | CNBC Markets Editor @tellittoal TOP NEWS  S&P 500 jumps more than 1%, Dow posts one of its best weeks ever Federal Reserve unveils details of $2.3 trillion in programs to help support the economy Fed fires an even bigger bazooka, expands its shopping list to include junk bonds US weekly jobless claims jump by 6.6 million and we've now lost 10% of workforce in three weeks Oil drops as traders await OPEC cut details Track the latest coronavirus news here Treasury Secretary Mnuchin says US could be open for business in May Bill Gates: Schools will reopen in the fall, but economy won't magically return to the way it was Jeff Bezos makes surprise visit to Amazon warehouse and Whole Foods store amid worker safety concerns Senate adjourns until Monday after Democrats block McConnell's bid to add $250 billion in small business aid     TOP VIDEO Watch Fed Chair Powell deliver remarks on the coronavirus response   CNBC PRO Goldman lists stocks for if the worst is over, and stocks for if it's not   SPECIAL REPORTS McDonald's next move may depend on one fast-food rival's stock A painful earnings season shouldn't drive stocks back to the low, Wells Fargo's Chris Harvey predicts   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS