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Market Snapshot: S&P 500, Dow finish at records as Biden signs off on $1.9 trillion fiscal relief package

Major U.S. stock-market benchmarks booked records on Thursday as U.S. Treasury yields steadied and as President Joe Biden signed a $1.9 trillion financial aid package to boost the economic recovery from the coronavirus pandemic......»»

Category: topSource: marketwatchMar 11th, 2021

Economic Report: Small businesses are less anxious, NFIB finds, but suffer from uneven recovery

The anxiety of small-business owners eased in February, a new survey shows, but they are still wrestling with the aftereffects of the recent coronavirus spike and an uneven economic recovery......»»

Category: topSource: marketwatchMar 9th, 2021

Bond Report: 30-year Treasury yield hits highest levels in a year on recovery hopes

U.S. Treasury yields rose Wednesday as more bond traders grew confident that the coronavirus vaccination rollout and further fiscal aid from Congress would sustain the economic recovery in 2021......»»

Category: topSource: marketwatchFeb 3rd, 2021

Capitol Report: Economy set to bounce back strongly in 2021, says Congressional Budget Office

The U.S. economy is set in 2021 to accelerate its recovery from the coronavirus-induced contraction of 2020, even without any further economic stimulus from Washington, the nonpartisan Congressional Budget Office said Monday......»»

Category: topSource: marketwatchFeb 1st, 2021

Fed says U.S. economy recovery has "moderated"

The Federal Reserve on Wednesday said the U.S. economic recovery and job creation have "moderated in recent months" owing to a big increase in coronavirus cases. The central bank said the weakness was '.....»»

Category: topSource: marketwatchJan 27th, 2021

Economic Report: Layoffs rose in November to 5-month high as pandemic slams hotels and restaurants

Layoffs in the U.S. rose in November to a five-month high as a record spurt of coronavirus cases slammed hotels and restaurants again and undermined the economic recovery......»»

Category: topSource: marketwatchJan 12th, 2021

Economic Preview: U.S. economy may have lost jobs in December for first time since earliest stages of coronavirus pandemic

The U.S. economy stumbled toward the finish line as 2020 ended, with the recovery from the coronavirus pandemic slowing, putting it in danger of losing jobs for the first time since the pandemic erupted last spring......»»

Category: topSource: marketwatchJan 1st, 2021

Economic Preview: U.S. economy could lose jobs in December for first time since the start of pandemic

The U.S. economy stumbled toward the finish line as 2020 ended, with the recovery from the coronavirus pandemic slowing, putting it in danger of losing jobs for the first time since the pandemic erupted last spring......»»

Category: topSource: marketwatchJan 1st, 2021

Global stocks drop, oil tumbles on fresh travel bans

Global stocks dropped Monday as a fast-spreading strain of coronavirus emerging from England prompted fresh travel restrictions, dealing another blow to prospects for the global economic recovery......»»

Category: topSource: foxnewsDec 21st, 2020

Wall Street closes with strong gains as recovery hopes offset pandemic fears

Wall Street surged on Thursday as investors weighed the prospect of economic recovery against bellicose remarks from President Donald Trump regarding U.S.-China trade and a whistleblower's dire warnings about the U.S. response to the coronavirus pandemic......»»

Category: topSource: reutersMay 14th, 2020

Trump wants stronger dollar as coronavirus economic rebound takes hold

Trump touts an economic recovery, a stronger dollar and his hopes for negative interest rates......»»

Category: topSource: foxnewsMay 14th, 2020

Stocks drop as virus recovery begins to look distant

Stock markets fell and bonds were in demand on Thursday as worries grew about a second wave of coronavirus infections and a dour assessment from the head of the U.S. Federal Reserve dashed hopes for a quick economic recovery......»»

Category: topSource: reutersMay 14th, 2020

Fed Chair Powell says more action may be needed to fend off lasting economic damage

Reuters The economic recovery from the coronavirus pandemic may be a slow one, Federal Reserve Chair Jerome Powell said in a Wednesday event for t.....»»

Category: topSource: businessinsiderMay 13th, 2020

Fed Chair Powell says more action may be needed to fend of economic ruin

Reuters The economic recovery from the coronavirus pandemic may be a slow one, Fed Chair Jerome Powell said in a Wednesday event for the Peterson Insti.....»»

Category: topSource: businessinsiderMay 13th, 2020

S&P 500 tumbles on fears of virus resurgence in economic reopening

The S&P 500 dropped 2% on Tuesday as investors took profits following a warning from the top U.S. infectious disease expert that premature moves to reopen the nation's economy could lead to novel coronavirus outbreaks and set back economic recovery......»»

Category: topSource: reutersMay 12th, 2020

Equities inch higher, bonds dip, on hopes for recovery

World equity markets inched higher and safe-haven bonds fell on Tuesday as stronger economic data from China and upbeat corporate earnings in Europe overshadowed concerns about a potential second wave of coronavirus infections......»»

Category: topSource: reutersMay 12th, 2020

Market Snapshot: Dow drifts higher as investors monitor reopening efforts

U.S. stocks edge higher Tuesday as investors monitored efforts to reopen the economy and debated the likely shape of a recovery from the coronavirus-induced economic plunge......»»

Category: topSource: marketwatchMay 12th, 2020

The Tell: Why Morgan Stanley analysts says you can bank on strong economic recovery from coronavirus—hint: U-shaped recoveries ‘really never happen’

Brace for an economic rebound from the coronavirus pandemic that is both swift and powerful, says analysts at Morgan Stanley in a Monday research note......»»

Category: topSource: marketwatchMay 11th, 2020

The Tell: Why the stock market rally is actually signaling an ‘abnormal’ economic recovery, not a V-shaped coronavirus rebound

There’s a misperception about what the stock market is saying about the economic outlook, says Canaccord Genuity’s Tony Dwyer......»»

Category: topSource: marketwatchMay 11th, 2020

The Tell: Why the stock market’s ‘stay-at-home’ rally isn’t really signaling a V-shaped coronavirus recovery

There’s a misperception about what the stock market is saying about the economic outlook, says Canaccord Genuity’s Tony Dwyer......»»

Category: topSource: marketwatchMay 11th, 2020