Daily Market Report

Stocks Pare Drop as Bank Rally Tempers Bleak Data

2020-05-28T12:01:39-07:00

US FINANCIAL MARKET Wall Street climbs as investors hold out for recovery; Nasdaq at 3-month high Wall Street’s main indexes surged and the Nasdaq hit a three-month high on Wednesday, as investors clung to hopes of a recovery from a coronavirus-fueled slump amid signs of more stimulus for ailing sectors. The tech-heavy index, now about 5% below its all-time high hit in February, boosted by Facebook and Amazon.com, which were trading at record levels, as well as Apple. The S&P 500 tumbled 1% in the final hour of Tuesday’s session after a report raised doubts about positive results [...]

Stocks Pare Drop as Bank Rally Tempers Bleak Data2020-05-28T12:01:39-07:00

Stocks Edge Lower as Powell Says Outlook ‘Highly Uncertain’

2020-05-28T12:01:20-07:00

US FINANCIAL MARKET Wall Street climbs as investors hold out for recovery; Nasdaq at 3-month high Wall Street’s main indexes surged and the Nasdaq hit a three-month high on Wednesday, as investors clung to hopes of a recovery from a coronavirus-fueled slump amid signs of more stimulus for ailing sectors. The tech-heavy index, now about 5% below its all-time high hit in February, boosted by Facebook and Amazon.com, which were trading at record levels, as well as Apple. The S&P 500 tumbled 1% in the final hour of Tuesday’s session after a report raised doubts about positive results [...]

Stocks Edge Lower as Powell Says Outlook ‘Highly Uncertain’2020-05-28T12:01:20-07:00

Stocks Fluctuate Amid Easing Lockdowns

2020-05-28T12:01:02-07:00

US FINANCIAL MARKET Wall Street climbs as investors hold out for recovery; Nasdaq at 3-month high Wall Street’s main indexes surged and the Nasdaq hit a three-month high on Wednesday, as investors clung to hopes of a recovery from a coronavirus-fueled slump amid signs of more stimulus for ailing sectors. The tech-heavy index, now about 5% below its all-time high hit in February, boosted by Facebook and Amazon.com, which were trading at record levels, as well as Apple. The S&P 500 tumbled 1% in the final hour of Tuesday’s session after a report raised doubts about positive results [...]

Stocks Fluctuate Amid Easing Lockdowns2020-05-28T12:01:02-07:00

S&P 500, Dow Slip on Fear of New Infection Wave

2020-05-28T12:00:43-07:00

US FINANCIAL MARKET Wall Street climbs as investors hold out for recovery; Nasdaq at 3-month high Wall Street’s main indexes surged and the Nasdaq hit a three-month high on Wednesday, as investors clung to hopes of a recovery from a coronavirus-fueled slump amid signs of more stimulus for ailing sectors. The tech-heavy index, now about 5% below its all-time high hit in February, boosted by Facebook and Amazon.com, which were trading at record levels, as well as Apple. The S&P 500 tumbled 1% in the final hour of Tuesday’s session after a report raised doubts about positive results [...]

S&P 500, Dow Slip on Fear of New Infection Wave2020-05-28T12:00:43-07:00

Stocks Accelerate Gains Despite Grim Jobs Report

2020-05-28T12:00:20-07:00

US FINANCIAL MARKET Wall Street climbs as investors hold out for recovery; Nasdaq at 3-month high Wall Street’s main indexes surged and the Nasdaq hit a three-month high on Wednesday, as investors clung to hopes of a recovery from a coronavirus-fueled slump amid signs of more stimulus for ailing sectors. The tech-heavy index, now about 5% below its all-time high hit in February, boosted by Facebook and Amazon.com, which were trading at record levels, as well as Apple. The S&P 500 tumbled 1% in the final hour of Tuesday’s session after a report raised doubts about positive results [...]

Stocks Accelerate Gains Despite Grim Jobs Report2020-05-28T12:00:20-07:00

U.S. Stocks Climb as Jobless Claims Trend Lower

2020-05-28T12:00:03-07:00

US FINANCIAL MARKET Wall Street climbs as investors hold out for recovery; Nasdaq at 3-month high Wall Street’s main indexes surged and the Nasdaq hit a three-month high on Wednesday, as investors clung to hopes of a recovery from a coronavirus-fueled slump amid signs of more stimulus for ailing sectors. The tech-heavy index, now about 5% below its all-time high hit in February, boosted by Facebook and Amazon.com, which were trading at record levels, as well as Apple. The S&P 500 tumbled 1% in the final hour of Tuesday’s session after a report raised doubts about positive results [...]

U.S. Stocks Climb as Jobless Claims Trend Lower2020-05-28T12:00:03-07:00