by Troy S. Mason | Jun 12, 2020 | Business News
U.S. stocks dropped sharply on Thursday as investors weighed sobering economic forecasts and new data, along with indications that the COVID-19 pandemic is far from subsiding. The Dow Jones Industrial Average closed down 1,861 points, or 6.9 percent, and the S&P 500 was down 5.9 percent, the biggest fall since March 16. Just a day […]
by Troy S. Mason | Jun 9, 2020 | Business News
Wall Street soared on Monday, brushing aside the news that the U.S. has officially entered a recession. The Dow Jones Industrial Average ended the day 460 points higher, the S&P 500 erased its losses for the year to close up by 1.2 percent, and the Nasdaq hit a...
by Troy S. Mason | Jun 6, 2020 | Business News
Wall Street rallied on Friday, after the monthly jobs report revealed 2.5 million positions were added to the economy last month, the largest monthly gain on record. Economists had predicted 8 million jobs would be lost. Confidence in a faster economic recovery...
by Troy S. Mason | Apr 16, 2020 | Business News
The Dow Jones Industrial Average fell by more than 600 points Wednesday, after a brutal monthly retail report and more ugly quarterly earnings reports from some of the country’s largest banks. The S&P 500 and Nasdaq opened the day down by about 2 percent....
by Troy S. Mason | Apr 14, 2020 | Business News
The Dow Jones Industrial Average ended the day with a loss of around 325 points, as traders digested a historic oil production agreement and prepared themselves for a brutal week of quarterly earnings. The S&P 500 closed 1 percent lower, and the Nasdaq ticked...
