by Jim Heath | May 7, 2021 | Headlines, Wall Street
A surprisingly weak report on hiring in the United States rippled through financial markets today, with the data deflating investors’ concerns that the economy could overheat as it recovers from the coronavirus pandemic. Employers added 266,000 workers last month, the...
by Jim Heath | Mar 1, 2021 | Economy, Headlines, Wall Street
Wall Street kicked off March with a broad rally today that sent the Dow Jones Industrial Average more than 600 points higher and gave the S&P 500 its best day in nine months. The S&P 500 climbed 2.4%, clawing back nearly all of its losses from last week. More...
by Jim Heath | Nov 30, 2020 | 2020, Battlegrounds, Democrats, Headlines, Wall Street
As deep-pocketed Democrats on Wall Street celebrate the ouster of President Trump, some are privately showing little appetite for backing the party’s remaining skirmishes in Georgia. Bloomberg: Employees of securities and investment firms poured about $77 million...
by Jim Heath | Oct 28, 2020 | coronavirus, Economy, Headlines, Wall Street
Stocks around the world are tumbling today on worries the worsening pandemic will mean more restrictions on businesses and drag down the economy. The S&P 500 was down 2.7% in afternoon trading on Wall Street and is headed for a third straight loss. It’s already...
by Jim Heath | Oct 11, 2020 | Economy, Headlines, Wall Street
Joe Biden’s widening lead in polls is providing a bullish cue to investment strategists: Wall Street now sees less chance of a contested election and more chance of a “blue wave” — Democrats taking the House, Senate and White House — and the hearty...
by Jim Heath | Jun 30, 2020 | Economy, Headlines, Wall Street
Wall Street capped its best quarter since 1998 Tuesday with more gains, a fitting end to a stunning three months for investors as the market screamed back toward its record heights after a torrid plunge. The S&P 500 climbed 1.5%, bringing its gain for the quarter...
