Wall Street ends higher after shaking off a wobbly start
U.S. stocks shook off an early slide and closed broadly higher Thursday as the market steadied after its worst drop in more than four months. The Standard & Poor’s 500 index rose 1.2%, bouncing back from a drop of 0.3% in the early going. Traders welcomed encouraging data on the pace of layoffs and how powerfully the economy rebounded during the summer from its coronavirus-induced coma. Economists warn big challenges still lie ahead, though. The S&P 500 was coming off a 3.5% tumble Wednesday on worries the worsening pandemic will drag down the economy and corporate profits again. A strong rebound in technology sector stocks helped power the rally ahead of widely anticipated quarterly...
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Credit: Reuters Studio Duration: 05:13Published
Nasdaq closes at record high as investors bank on vaccineHope that pandemic can be halted propels Wall Street to its third weekly gain in the past four weeks.
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Credit: Wochit News Duration: 00:39Published
Best Nov. for S&P 500, best Dow month since '87
Credit: Reuters Studio Duration: 02:13Published
S& P 500, Nasdaq stock indexes close at record highsNEW YORK -- The S&P 500 rose to a record high Friday as investors continue to look forward to the distribution of a covid-19 vaccine and relief for the global..
S&P 500 Ends The Week On Record Highs
Credit: Wochit News Duration: 00:42Published
Dow, S&P pull back from record highs
Credit: Reuters Studio Duration: 01:38Published
Slowing labor market recovery weighs on stocks
Credit: Reuters Studio Duration: 01:41Published
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