The Dow Jones traded virtually sideways on Tuesday.Investors ignored stellar consumer confidence data, as New York City’s coronavirus infection rate spiked above 3%.Tonight’s presidential debate is also keeping Dow bulls cautious.It was a soft day for Dow Jones, as investors ignored stellar consumer confidence data to focus on a worrying uptick in New York City’s…
The Dow Jones fell 320 points on Friday.Bears took control after Nancy Pelosi destroyed hopes of more fiscal stimulus from Congress.Better than forecast Michigan consumer sentiment shows the U.S. economic recovery is still in motion.The Dow Jones dropped sharply to close the week, as hopes of additional coronavirus stimulus continue to crater in Congress. Better…
The unemployment rate fell to 13.3 percent and payrolls unexpectedly rose by 2.5 million workers as the easing of restrictions on business activity and government aid led to new hiring in May. The U.S. unemployment rate fell below last month’s record-high 14.7 percent, which was the highest on record in data going back to 1948.…
In the first three months of 2020, the British economy contracted at the fastest rate since the 2008 financial collapse, despite coronavirus lockdown measures only being implemented in the final week of March. The first quarter of the year saw a 2 per cent fall in GDP in the UK, the worst fall since the…
The Dow Jones Industrial Average (DJIA) fell further below 20,000 on Thursday. The coronavirus shows little sign of slowing in Italy as the government extends the national lockdown. Hopes for a quick recovery in the U.S. look less likely. Volatility continues to dominate the U.S. stock market, and the Dow Jones Industrial Average (DJIA) swung…
It doesn’t matter if you are talking about the NFL, NBA, MLB, or NHL. All-Star games are a joke. The fan vote has always played a significant part in deciding who makes the NBA All-Star roster, opening the door for some unexpected and undeserving candidates. This year is no different. Boston Celtics reserve center Tacko…
