Category: Banking & Insurance

Dow Drops 150 Points After Another 870,000 Americans File For Unemployment

Weak economic data weighed on markets.

Dow Falls Over 500 Points As Tech Stocks Drag Market Lower

Stocks fell as tech stocks again came under pressure.

Kudlow—Contradicting Other Top Officials—Says Stimulus Not Needed For Economic Recovery

Kudlow downplayed the necessity of another coronavirus stimulus bill for a V-shaped economic recovery.

Stimulus Bill Before Election Day? Unlikely, Wall Street Says

The upcoming Supreme Court battle all but ensures there won’t be another round of fiscal stimulus until after the election.

Republicans Oppose Democrats’ Spending Bill As Government Shutdown Looms

Congress has just nine days to pass a spending bill before the government shuts down.

Stock Market Sell-Off: Dow Falls 900 Points Amid Resurgence In Coronavirus Cases

Fears over a second wave and more government lockdowns caused stocks to plunge.

Stocks Fall For A Third Week In A Row As Tech Sell-Off Continues

Tech stocks continued to drag the market lower.

Dow Falls 250 Points As Tech Stocks Drag Market Lower

Stocks were under pressure despite better-than-expected jobless claims.

Goldman Says Stocks Will Hit New Record Highs Again By End Of 2020

The firm said the likelihood of a coronavirus vaccine by early 2021 is “rising sharply.”

Dow Rises Over 300 Points As Tech Stocks Continue To Rebound

The market clawed back losses from last week.