Raise your hand if you knew that after the March tragedy, the stock market would reach record highs by the end of the year. Off. Put it down. No one believes you. Even for austerity, “buy when there is blood on the streets” for the crowd, when the epidemic broke …
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Dow slips on Friday, Nasdaq posts consecutive declines amid mounting tensions between China and the United States and languishing fiscal stimulus
US stocks closed lower on Friday as the tech-laden Nasdaq Composite registered its first consecutive drop since mid-May, while investors worried about rising Sino-American tensions and lack of progress in another. fiscal stimulus bill in Washington. The increase in coronavirus cases in 40 US states is also limiting consumer and …
Read More »Stocks under pressure after jobless claims rise, all eyes on Washington’s stimulus efforts
US stocks fell on Thursday after the data showed no real improvement in weekly unemployment data with coronavirus cases increasing further in many states, though Senate and White House Republicans announced progress toward a deal on another financial aid package for businesses and households affected by the pandemic. However, investors …
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