United States stocks soared today, cutting into sharp losses from a sudden selloff. Dow industrials were up about 2.7% at 11am after shedding 6.9% the previous day. Stocks were hammered as fears about an increase in coronavirus cases and a somber economic outlook from the US Federal Reserve forced investors to confront risks that had […]
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United States stocks soared on Monday, erasing May losses, after drugmaker Moderna announced positive results from its first human trial of its COVID-19 vaccine. The trials boosted hopes that the medical community was making progress against the coronavirus. The Dow Jones Industrial Average surged 813 points, or 3.4%, to 24,498. The S&P 500 rose 86 […]
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U.S. stocks fell on Wednesday, a day after finishing their worst first quarter in history. This news comes amid reports on job losses and the potential for as many as 200,000 deaths due to the COVID-19 pandemic. The Dow Jones Industrial Average closed down a total of 973.65 points. That’s 4.44 percent. The S&P 500 […]
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