Analysts say they expect the market to remain in a wait-and-see approach for weeks as investors gauge how economic reopenings underway are going.
Wall Street
Posted inBusiness, Nation & World
Wall Street erases early loss, steadies on tech stock strength
Tech stocks in the S&P 500 are up roughly 4% for 2020 as as investors look for companies that can be winners in both a ‘normal’ and a stay-at-home economy.
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Stocks end higher on Wall Street even after late-day stumble
Investors are cautiously optimistic that the gradual reopening of some businesses will begin to turn around the economy.
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Stocks shake off an early loss and end higher, led by tech
Energy stocks also help steady the market after the price of oil pulled a bit further from the record lows set late last month.
Posted inBusiness, Nation & World
Stocks slide as Amazon, other companies outline virus fallout
Technology stocks and companies that rely on consumer spending accounted for a big slice of Friday’s decline.
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Wall Street pulls back, but still posts a good month, as dismal economic data piles higher
Even with Thursday’s losses, the S&P 500 still closed out its best month in decades.
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Wall Street ends manic week with a gain, led by technology stocks
Reports piled higher through the week showing the coronavirus pandemic is bludgeoning the economy.
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Oil futures plunge below zero as demand collapses
Demand for oil has fallen so much due to the coronavirus pandemic that facilities for storing crude are nearly full.
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Hope takes the reins on Wall Street as stocks rally worldwide
Investors focus on the possibility of a reopening economy rather than dismal economic data.
Posted inBusiness, Nation & World
Stocks climb as pandemic winners pull away on Wall Street
Amazon, Dollar General and Walmart all closed at record highs as people stock up on staples.