The Dow plunged 767 points and Wall Street tumbled 3 percent as part of a global sell-off Monday after the slide in China's currency fueled fears Beijing's move would further aggravate the trade war with Washington. Conway G. Gittens reports.
US stocks rose on Tuesday as investors weighed second-quarter earnings results for US banks against spiking coronavirus cases. JPMorgan gained after earnings beat Wall Street expectations. Wells Fargo slumped after reporting a loss and cutting its dividend. Coronavirus cases continue to climb in the US, forcing states to rollback reopening plans and threatening the economic recovery from the pandemic recession.
The S&P 500 ended lower Friday after a choppy session as investors weighed spiking cases of COVID-19 and Apple's announcement of fresh store closures against anticipated stimulus and continued economic recovery. Fred Katayama reports.
U.S. retail sales increased by the most on record in May after two straight months of sharp declines as businesses reopened, offering more evidence that the recession was over or drawing to an end. Fred Katayama reports.
Do you have that summertime sadness? Well, don't you worry ... We will try to cheer you up (and make your life easier) with a look at earnings coming up in the first week of September. BUT ... Before..