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Tag: Points
Dow dives 800 points, S&P 500 posts worst week since January after inflation hits 40-year high
Stocks dropped sharply on Friday after a highly anticipated inflation report showed a faster-than-expected rise in prices and consumer sentiment hit a record low. The Dow Jones Industrial Average shed…
New wave of layoffs points to fresh hurdles for U.S. economic recovery heading into the fall
A flurry of fresh layoffs and furloughs in the U.S. is posing a new hurdle for a fragile economic recovery whose momentum appears to have flagged. A handful of large…
Dow Jumps 150 Points After Federal Reserve Announces New Approach To Inflation
TOPLINE The stock market finished higher on Thursday, despite another 1 million Americans filing for weekly unemployment, as the Federal Reserve unveiled a new inflation policy that will keep interest…
Dow Jumps Nearly 400 Points, S&P 500 And Nasdaq Hit Fresh Record Highs
TOPLINE The market finished higher on Monday, reaching new all-time highs as stocks extended their record run from last week thanks to rallying tech shares and positive news on potential…
Economic Data Points to Pause in Recovery as Aid Programs Expire
WASHINGTON — America’s economic recovery is in an uneasy pause, with key indicators of hiring, shopping and investment stalling or in retreat in the wake of a resurgence in coronavirus…