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 …
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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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The tyranny of gigantic tech stocks, which has supported the US equity market since March, had a major impact this week. For months, the most valued e-commerce and technology companies have staged an almost unrelenting rally during a public health crisis that has caused tremendous pain in the national and …
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The chasm between the Nasdaq Compound and its rival benchmarks in the first half of 2020 has been very similar between Olympic sprinter Usain Bolt and everyone else in the world. The tech-laden index has enjoyed a growing advantage between itself and the Dow Jones Industrial Average USA: DJIA and …
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