S&P, Nasdaq rally on vaccination hopes

The S&P 500 and Nasdaq closed higher Wednesday to kick off the third quarter as increasing optimism for a safe and effective COVID-19 vaccine eased concerns that another round of business lockdowns was..

Investors are 'in denial': economist

Economist Max Wolff of Multivariate thinks the S&P 500 should be trading at 2300 instead of 3150. He tells Reuters' Fred Katayama that investors are ignoring negative news about the rising coronavirus..

Stocks mostly fall on COVID-19 concerns

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..

Investors cautious on virus rise, jobless data

Stocks were little changed Thursday after a spike in new COVID-19 cases and stubbornly high levels of joblessness made for a skittish trading day. Conway G. Gittens has more.

Stock rally takes a pause as new COVID-19 cases spike

The Dow and S&P 500 snapped three-day winning streaks as a surge in new coronavirus cases in several states gave investors a reason to pause. Conway G. Gittens has the wrap.

Stocks rebound after previous tumble

Wall Street rallied sharply at Friday's opening to recover a sizable chunk of the losses seen the day before when stocks suffered their biggest drop in three months. Conway G. Gittens has the early..

Wall Street Hammered By Fears Of Virus Infections

(Reuters) - U.S. stocks slumped on Thursday with the Dow shedding over 5% and the index on track for its sharpest one-day decline since March 18, as investors fretted over a resurgence in coronavirus..

S&P 500 rebounded too much: strategist

As stocks plunged Thursday, National Securities' Art Hogan said the S&P 500 was overvalued at the 3200 level. He tells Reuters' Fred Katayama that investors might consider getting back into the market..

S&P 500 ends lower after Fed statement

The Dow and S&P 500 ended a choppy session lower Wednesday after the Federal Reserve reassured investors of its support for the economy but projected a 6.5% decline in gross domestic product this year...

Dow, S&P pull back, Nasdaq sets record

The S&P 500 and Dow fell Tuesday after recent strong gains, while the Nasdaq ended at an all-time high for a second straight day after briefly rising above the 10,000 mark for the first time. Fred..

Wall Street Rallies To End Higher, Jobs Report

NEW YORK (Reuters) - Wall Street surged on Friday after a strikingly upbeat May jobs report unexpectedly provided the clearest evidence yet that the U.S. economy is headed for a..

Recovery hopes drive Wall Street higher

Wall Street rallied broadly Wednesday with the Nasdaq approaching record highs as signs of an economic recovery from mandated shutdowns helped investors look beyond U.S. social unrest and pandemic..

Stocks have more room to run: analyst

DataTrek Research's Nick Colas says corporate earnings should help further lift stocks in 2020. He tells Reuters' Fred Katayama the protests won't hold the market back, noting that the S&P 500 rose 11%..

Recovery hopes lift Wall Street

A late-session rally pushed Wall Street to solid gains Tuesday as investors looked past widespread social unrest and pandemic worries to focus instead on easing lockdown restrictions and signs of..

Pandemic, Protests Triggering Gun Sales To Shoot Up

Business Insider reports that compared to the same period in 2019, US gun sales skyrocketed in April and May. Analysts say the ongoing civil unrest across the country could be behind the surge...

Stocks rise on recovery hopes

U.S. stocks posted gains Monday as signs of U.S. economic recovery helped offset jitters over increasingly violent social unrest amid an ongoing pandemic and rising U.S.-China tensions. Fred Katayama..

Stocks soar on growing economic optimism

Wall Street rose sharply on Wednesday, powered by bank and retail shares, as the further easing of lockdowns boosted hopes for an economic recovery. Conway G. Gittens has the market action.

Wall Street drops as investors lose confidence

A wave of late-day jitters hit the stock market on Tuesday, as investors focused on a report questioning early-stage trial results for a possible coronavirus vaccine. Conway G. Gittens has the market..

S&P jumps 3% on vaccine hopes

U.S. stocks soared Monday, and the S&P 500 closed at a 10-week high. As Fred Katayama reports, encouraging data for a potential coronavirus vaccine and the promise of more stimulus for the economy sent..