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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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U.S. Equity Markets started the week lower as investors saw little progress on a Congressional spending package to blunt the fallout from the Coronavirus pandemic. Measures of corporate credit risk eased after the Federal Reserve announced a massive second wave of...
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U.S. Equity Markets slumped on Friday to cap the worst week for stocks since the Global Financial Crisis amid dire warnings about the economic effects of the Coronavirus pandemic and as governments stepped up efforts to keep people at home. The S&P 500 Index...
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U.S. Equity Markets edged higher as investors gave a tepid vote of confidence to the battery of economic and financial measures from global policy makers aimed at easing the market turmoil. Oil soared and the US Dollar extended its rally. The Nasdaq Composite Index...
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Financial markets spasmed, sending U.S. stocks down more than 5% and Bloomberg’s dollar index up to a record, as the economic fallout from the pandemic outpaced the massive response from Governments and Central Banks. The S&P 500 fell as much as 9.8%, before a...
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U.S. Equities rebounded from the biggest rout since 1987 as the U.S. government stepped up its efforts to offset the financial damage caused by the Coronavirus. Treasuries tumbled. The S&P 500 closed up almost 6% after trading in the red earlier, continuing a...
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The stomach-turning ride on global financial markets took a dramatic turn yesterday, with U.S. Equity Markets plunging the most since 1987 after President Donald Trump warned the economic disruption from the virus could last into summer. The S&P 500 sank 12%,...
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U.S. Equities jumped the most since 2008 to cap a wild week of trading as President Donald Trump joined world leaders in pledging to do whatever it takes to protect the economy from the Coronavirus fallout. The S&P 500 surged more than 9%, providing some respite...
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In a week that brought the wildest market swings since the financial crisis, yesterday hammered investors with something crazier — a 10% drop in the Dow, the end of the longest bull market on record and the biggest sell-off since 1987’s Black Monday. At the end...
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