This quick clip will explain the stock market in terms that anyone can understand. Understanding the market is important for everyone. You don’t need to be rich to be in it, or understand how it impacts your life. Think of it like a temperature gauge, but for the financial health of the country. More money … Read more
United States stocks soared today, cutting into sharp losses from a sudden selloff. Dow industrials were up about 2.7% at 11am after shedding 6.9% the previous day. Stocks were hammered as fears about an increase in coronavirus cases and a somber economic outlook from the US Federal Reserve forced investors to confront risks that had … Read more
United States stocks soared on Monday, erasing May losses, after drugmaker Moderna announced positive results from its first human trial of its COVID-19 vaccine. The trials boosted hopes that the medical community was making progress against the coronavirus. The Dow Jones Industrial Average surged 813 points, or 3.4%, to 24,498. The S&P 500 rose 86 … Read more
U.S. stocks fell on Wednesday, a day after finishing their worst first quarter in history. This news comes amid reports on job losses and the potential for as many as 200,000 deaths due to the COVID-19 pandemic. The Dow Jones Industrial Average closed down a total of 973.65 points. That’s 4.44 percent. The S&P 500 … Read more
