Dow Jumps Nearly 400 Points, S&P 500 And Nasdaq Hit Fresh...
TOPLINE U.S. stocks reached new all-time highs Monday, extending their record run from last week thanks to rallying tech shares and positive news on potential coronavirus treatments. Stocks continued to build on last week’s record highs. Michael M. Santiago/Getty Images KEY FACTS The Dow Jones Industrial Average climbed 1.4%, nearly 400 points, on Monday, while…
Dow Jumps Over 150 Points Amid Coronavirus Vaccine Optimism
TOPLINE The market opened higher on Monday, with stocks extending their record run from last week thanks to rallying tech stocks and positive news on potential coronavirus treatments. Stocks continued to build on last week’s record highs. Michael M. Santiago/Getty Images KEY FACTS The Dow Jones Industrial Average was up 0.6%, over 150 points, at…
Dow Surges 500 Points As Investors Bet On A Coronavirus Vaccine...
TOPLINE The stock market finished sharply higher on Tuesday, jumping over 2.5% as Wall Street continued to grow more optimistic about a reopening of the economy and a potential coronavirus vaccine. Stocks are racing higher on hopes for a new coronavirus vaccine. Tayfun Coskun/Anadolu Agency via Getty Images KEY FACTS The Dow Jones Industrial Average…
Dow Falls 400 Points As Questions Are Raised Over Moderna’s Coronavirus...
TOPLINE The market finished lower on Tuesday, following its biggest rally in six weeks on Monday, as stocks came under pressure following a STAT News report that raised questions about the trial results for Moderna’s potential coronavirus vaccine. Retail and bank stocks were hardest-hit on Tuesday. Spencer Platt/Getty Images KEY FACTS The Dow Jones industrial…
Stocks Fall, Dow Plunges Over 400 Points As Reopening Of The...
TOPLINE The market opened slightly higher but later turned negative on Tuesday, falling around 2% as Wall Street continued to assess the risks of reopening the economy too soon. Investors continue to assess the risks of the U.S. returning to business. Johannes Eisele/AFP via Getty Images KEY FACTS The Dow Jones Industrial Average fell 1.9%,…
Stocks Rise Slightly, Dow Up 100 Points As Reopening Of The...
TOPLINE The market opened slightly higher on Tuesday as Wall Street keeps looking ahead to a reopening of the economy, with some states continuing to lift coronavirus lockdown orders. Investors continue to assess the risks of the U.S. returning to business. John Nacion/NurPhoto via Getty Images KEY FACTS The Dow Jones Industrial Average rose 0.5%,…
Elon Musk Threatens To Pull Tesla Out Of California And Sue...
TOPLINE Billionaire CEO Elon Musk said on Saturday that Tesla would “immediately” move its operations out of California and file a lawsuit against Alameda County, a day after it forbade the company from reopening its factory yet. “Frankly, this is the final straw,” Musk said. Yasin Ozturk/Anadolu Agency via Getty Images KEY FACTS After the…
Cuomo Says New York Is ‘Finally Ahead Of This Virus’
TOPLINE Governor Andrew Cuomo said in a press conference on Friday that for the first time since the coronavirus crisis started, he feels that New York is “finally ahead” of the outbreak, with the number of hospitalizations and intubations continuing to decline statewide. “We have the beast on the run, there’s no doubt about that,”…
Reopening States Before June Would Save Millions Of Jobs But Result...
TOPLINE As some states begin to relax lockdown orders and allow businesses to reopen, a new report from the Penn Wharton Budget Model (PWBM) on Friday found that reopening before June could save 18 million jobs but also result in over 200,000 additional COVID-19 deaths. New findings from Penn Wharton show that reopening states in…
Stocks Fall, Dow Loses Over 500 Points After Trump Threatens New...
TOPLINE The stock market moved lower on Friday after President Trump threatened new tariffs on China over the coronavirus outbreak—claiming that it was created in a Wuhan lab. The market is down over 2% after wrapping up its best month in decades. Johannes Eisele/AFP via Getty Images KEY FACTS The Dow Jones industrial average was…