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 boosted the Dow Jones Industrial Average by just over 1,000 points by midday […]
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...
by Troy S. Mason | Apr 9, 2020 | Business News
Stocks surged on Wednesday after Sen. Bernie Sanders announced he is suspending his presidential campaign, leaving Wall Street-friendly former Vice President Joe Biden as the apparent nominee. The Dow Jones Industrial Average closed up by around 770 points, while the...
by Troy S. Mason | Apr 7, 2020 | Business News
Wall Street surged Monday, with the Dow Jones Industrial Average closing up almost 1,600 points as a decline in death rates in Europe led to optimism that social distancing measures are having an impact. All three major averages were up by around 7 percent Monday,...
