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Last week's economic data came out mixed but did push stocks higher. With COVID-19 cases on the rise, including in the White House, this next week's performance will set the stage for the rest of the month. more...
The Dow Jones Industrial Average was up 0.4%, over 100 points, on Thursday, while the S&P 500 rose 0.4% and the tech-heavy Nasdaq Composite gained 0.5%. Stocks jumped after a bigger-than-expected increase in jobs last month: The Labor Department reported that 4.8 million jobs were added in June—more than the 2.9 million expected. The unemployment rate fell to 11.1%, down from 13.3% in May. The jobs data for June was collected ...
Market has recovered from record lows but a clear cut pathway for a sustained rally isn’t here yet. more...
Despite beating analyst expectations, Facebook shares plummeted after it revealed a drastic rise in expenses in its fourth quarter earnings—as experts warn that mounting regulatory scrutiny and decelerating revenue growth could continue to negatively impact the stock. more...
Momentum could be building for digital currencies in 2020, driven by the prospects of sound regulation of virtual asset service providers and Bitcoin halving. more...
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