After touching the 10,000-point milestone yesterday, the Nasdaq Composite set a new all-time intraday high this morning of 10,028.61, per Yahoo Finance. In more normal times this would be a fanfare moment, the culmination of a long rise in the tech-heavy index indicative of an industry’s rising power. Instead, it […]
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Stocks fell in regular trading Friday, as all major American indices fell in the wake of a broadly negative jobs report. With more than 700,000 jobs lost in the March data, unemployment in the United States rose from 3.5% to 4.4%. The markets have been bracing for widespread job losses […]
Despite reports of historic unemployment, with roughly 6.6 million Americans filing for unemployment, domestic stocks rose during regular trading today. One day after grim estimates on the potential death toll from the COVID-19 epidemic in the U.S. sent stocks tumbling, and amid a continuing economic fallout from the government’s response […]
The first quarter of 2020 ended with a whimper — with the Dow Jones Industrial Average, S&P 500 and Nasdaq posting their worst quarter in decades — as the COVID-19 pandemic continues to cause uncertainty and volatility across all major stock market indices. At the beginning of the quarter, we […]
It was another brutal day on Wall Street as investors continue to come to grips with the new economic realities imposed by the COVID-19 outbreak in the U.S. Both the Dow Jones Industrial Average (DJIA) and the S&P 500 are scraping near their lowest point in the last three years, […]