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U.S. Equity Markets sank, bulging the Dow Jones Industrial Average’s loss in the Quarter to a level not seen since 1987 as the pandemic almost certainly plunged the American economy into recession. The blue-chip index tumbled 23% in the three months, closing the...
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U.S. Equity Markets rallied as investors saw glimmers of optimism in efforts to deliver rapid testing for the new Coronavirus. The US Dollar rose. The S&P 500 Index climbed for the fourth time in five days, rising 17% over the last week, with health-care shares...
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U.S. Equities Markets weathered a late-Friday plunge to post their best week in over 10 years, buoyed by an unprecedented stimulus package meant to blunt the economic impact of the Coronavirus pandemic. Treasuries gained and oil slipped. The S&P 500 Index climbed...
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U.S. Equity Markets rallied again as investors speculated that the $2 trillion rescue package poised to pass Congress will blunt the Coronavirus pandemic’s toll on the economy. Treasuries held gains and the US Dollar fell. The S&P 500 closed near session highs,...
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U.S. Equity Markets posted their first back-to-back gains since Feb. 12 as investors awaited unprecedented government spending packages aimed at countering the hit from the Coronavirus pandemic. Ten-year Treasury yields were steady. The S&P 500 Index logged its...
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With Congress agreeing an unprecedented spending bill to prop up the slumping economy, U.S. Equity Markets had their best day in almost twelve years as investors rediscovered their appetite for risk. The US Dollar halted a 10-day winning streak. The S&P 500...
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