Stocks Burst Higher, S&P 500 at Record on Vaccine Hopes
The S&P 500 jumped 2.7% in afternoon trading and is on track to close at a record for the first time in more than two months.
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Wall Street Falls, S&P 500 Down as Markets Swoon
European stocks slid earlier on the possibility of tougher restrictions to stem rising coronavirus counts.
How Can Wall Street Be Healthy When Main Street Isn’t?
Rising hopes for a potential COVID-19 vaccine are also encouraging investors to focus on an expected rebound in corporate profits as life returns to normal.
Stocks Rebound on Wall Street; S&P Trades Above Record
Big technology stocks once again led way. At its depths, the S&P 500 had been down nearly 34% when worries about the recession were at their height.
Wall Street Keeps Rallying, S&P Within 2% of Record
Negotiators on Capitol Hill reported some progress in talks for more support for the economy, and pressure is mounting on them to act quickly.
Wall Street Climbs Ahead of Fed Announcement Led by Big Tech
The S&P 500 was 0.9% higher in early afternoon trading, while Treasury yields were holding steady and gold touched another record high.
Stocks Climb Worldwide as CEOs Prepare Latest Report Cards
The S&P 500 was 1.1% higher after the first hour of trading, following up on similar gains across Europe and Asia.
Wall Street Hopes Dip As Virus Fears Drown Out Economy Hopes
The S&P 500 lost 0.6%, but still ended the week 1.9% higher, its fourth weekly gain out of the last five.
Dow Sinks 1,800 as Virus Cases Rise, Deflating Optimism
A day earlier, the Federal Reserve said the road back to recovery would be long.
Stocks Claw Higher on Wall Street, Oil Prices Regain Ground
Even the oil market turned higher.