Stocks claw back some of their losses

William Arsn

Market closes out worst week since July in rocky end to the day Alex Veiga and Damian J. Troise, Associated Press Published 5:40 pm CDT, Friday, September 4, 2020 FILE – In this June 16, 2020 file photo, the sun is reflected on Apple’s Fifth Avenue store in New York. Apple […]

US stocks extend losses after seesaw session

William Arsn

The Nasdaq, which had been down as much as 5 percent on Friday, clawed back to 11,313.13, down 144.97 points or 1.3 percent. For the week, the Dow slipped 1.8 percent, the S&P fell 2.3 percent, and the Nasdaq lopped off 3.3 percent. “The lack off a broad sell-off across […]

Stocks book fresh round of records, Dow ends 1.5{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} shy of all-time high, on hopes of COVID treatments, cures

William Arsn

MARKET SNAPSHOT © Getty Images The U.S. equity benchmark indexes closed in record territory Wednesday, as investors drew hope from progress in the development of tests and vaccines for COVID-19. Load Error Investors largely ignored a mixed batch of economic reports, including a private-sector jobs reading that came in weaker […]

U.S. Stocks Post Biggest Monthly Gains Since April

William Arsn

U.S. stocks wrapped up their best month since April, continuing an extraordinary rally fueled by stimulus from Washington, signs of economic revival and progress toward a coronavirus vaccine. All three major U.S. stock indexes have climbed for five consecutive months after a brutal February and March that ended the longest […]

3 Financial Stocks to Buy After Powell’s Speech

William Arsn

The big news on the monetary policy front was this week’s speech by Federal Reserve Chairman Jerome Powell. Among other things, Powell outlined a significant shift to “average inflation targeting.” The gist of the new gambit is that the central bank will keep rates lower for longer and allow inflation […]