Slump in Tech Stocks Pull S&P 500: NASDAQ Down, Bond Yields Rise
The S&P 500 fell 1.3% to 3,819.72 as tech stocks took a hit on Wednesday despite the names tied to economic recovery providing some support. Nasdaq Composite shed 2.7% to…
Dow Jones industrial Average Hits a Historical Record to Trade above 30,000
Dow Jones industrial Average Hits a Historical Record to Trade above 30,000 Dow Jones Industrial Average rose to 30,000 for the first time on Tuesday. The rise was led by…
U.S. Nonfarm Payroll Gains was higher than Expected. Unemployment Rate Slips to 6.9%
The U.S. nonfarm payrolls rose 638,000 in October, more than expected 530,000, according to the Bureau of Labor Statistics, press release. The unemployment rate declined to 6.9% from September's 7.9%,…
U.S. Stock Futures Rising amidst Relief Package Talks Drama
Investors are closely monitoring developments of U.S. stimulus aid package talks. President Donald Trump said talks had resumed, and House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are expected…