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Moderna's vaccine announcement put Wall Street on pace to build on last week's massive rally sparked by Pfizer's announcement that its experimental vaccine was more than 90 percent effective.
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US stocks were set to drop Friday as investors appeared ready to cash out their gains following the market's dizzying election-fueled rally.
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US stocks appeared poised for a second straight day of gains Tuesday as Wall Street watched the first polls open for the long-awaited presidential election.
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US stocks tumbled again Friday as renewed fears about the coronavirus pandemic put Wall Street on pace for its worst week in months.
The Dow Jones industrial average sank as much as 127.87 points, or
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US stocks posted tentative gains Thursday as strong economic data helped Wall Street recover from its coronavirus-fueled selloff.The Dow Jones industrial average climbed as much as 89.19 points, or
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Wall Street’s major indexes dropped on Friday as the US set a new record for a one-day increase in coronavirus cases and bank stocks tumbled after the Federal Reserve decided to cap shareholder payouts. The S&P 500 banks sub-index declined 5 percent after the Fed limited dividend payments and barred share repurchases until at least …
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The Dow dropped 700 points on Wednesday amid growing fears that the sudden spikes in COVID-19 cases could delay the economy from rebounding as quickly as some had hoped. The Dow Jones industrial average index of blue-chip stocks ended the day down 710.16 points, or 2.7 percent, to 25445.94, while the S&P 500 fared only …
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Wall Street’s major indexes fell on Wednesday as investors weighed the risk to domestic economy from rising coronavirus cases and a worsening forecast of the damage from the pandemic. Washington state made face masks mandatory in public places, while many other US states saw record cases, including Arizona and Texas, where restrictions meant to slow …
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US stocks staged a dramatic recovery Monday when Federal Reserve Chairman Jerome Powell swooped in with yet another program to help buffer investors from the impact of the coronavirus. The Dow Jones industrial average tumbled as much as 762.36 points, or 2.9 percent, to 24,843.18, after several US states reported spikes in COVID-19 infections and …
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US stocks sank Monday as growing fears about a second wave of the coronavirus rattled Wall Street. The Dow Jones industrial average tumbled 762.34 points, or 2.9 percent, to 24,843.20 in early trading after several US states reported spikes in COVID-19 infections and hospitalizations. The S&P 500 index dropped as much as 2.4 percent, while the Nasdaq posted …