Benchmarks for US equities fell sharply lower on Friday morning, with major indices poised to end the week’s losses as investors analyzed a record surge in new coronavirus cases and the implications of Federal Reserve Bank stress test results announced Thursday night. How are the benchmarks working? The Dow Jones …
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Traders wear masks while working on the floor of the New York Stock Exchange as the outbreak of coronavirus disease (COVID-19) continues New York, May 27, 2020. Lucas Jackson | Reuters This is a live blog. Check back for updates. 8:06 am: Bank shares fall when the Fed imposes restrictions …
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Text size Illustration by Mike Haddad. Investors analyzed concerns about the virus midday Thursday, taking advantage of some early gains even amid mixed data. The Dow Jones Industrial Average and S&P 500 rose 0.2% in recent trade, while the Nasdaq Composite rose 0.4%. The latest unemployment figures show that while …
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Hundreds of unemployed Kentucky residents wait outside the Kentucky Career Center for help with their unemployment claims late last week in Frankfort. John Sommers II / Getty Images Text size A downward trend in first-time unemployment insurance claims stagnated in the past week, showing how long it will take for …
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Text size What were we worried about again? The stock market is certainly not falling, because it doesn’t seem to do so terribly often these days. After falling 710 points on Wednesday, the Dow Jones Industrial Average rose 299.66 points, or 1.2%. while the S&P 500 gained 1.1% and the …
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