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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......»»
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......»»
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......»»
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......»»
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 '.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»