Ralph Orlowski | Bloomberg | Getty Images The S&P 500 closed a new record on Tuesday, a performance that officially puts an end to Wall Street’s shortest bear market and confirms the comeback rally as a new bull market. The broad market index completed the session at 3,389.78, above its …
Read More »
Treasury Secretary Steven Mnuchin on Tuesday criticized the top Democrats for what he categorized as idiosyncratic tactics and refusal to discuss any “reasonable deal” to provide relief to U.S. consumers and businesses affected by the Covid-19 pandemic. Wall Street had hoped that Mnuchin would support reports published on Monday night …
Read More »
TOPLINE Robinhood on Monday announced another round of financing – the third major cash injection in the last four months – at a valuation of $ 11.2 billion, amid record numbers of new customers and speculation that the company could IPO later this year. Robinhood co-founders Baiju Bhatt and Vladimir …
Read More »
A pedestrian pass for the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Stock futures were flat on Monday in the stock market as the S&P 500 again failed to reach a record high, set a level before the coronavirus crisis hit. Futures on the Dow Jones …
Read More »
A view outside a Kohl’s store on July 16, 2020 in Miramar, Florida. Johnny Louis | Getty Images Check out the companies that make headlines around the clock: America’s Car-Mart – Shares of America’s Car-Mart jumped nearly 5% in expanded trading after the auto-financing company reported better-than-expected revenue. The company …
Read More »