10 things you need to know before the opening bell
Saltstone Capital, Kalkriese Capital Partners, and Exo Trading posted big gains as oil prices tanked.A $3 billion oil ETF is being forced to revamp its portfolio thanks to oil's historic plunge below $0The largest US oil fund made a radical change to revamp its portfolio after crude oil prices remained stuck at record lows.. The multi-billion-dollar stake makes Facebook the largest minority shareholder in Jio, which is a part of Reliance Industries Limited.6.
. OYO Hotels and Homes has cut salaries of all employees by 25% for four months starting April and also sent some of its people on leave with limited benefits. The US Treasury Department imposed tight new restrictions on Chevron's joint ventures with Venezuelan state-run oil company PDVSA. . In Europe, Germany's DAX rose 0.7%, Britain's FTSE 100 rose 1.3%, and the Euro Stoxx 50 rose 0.6%. In Asia, China's Shanghai Composite rose 0.7%, Hong Kong's Hang Seng rose 0.
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