REUTERS/Brendan McDermid The stock market rally is on track to be the strongest since 1985 by one measure, according to Bespoke. The S&P 500, Nasdaq 100, and Dow Jones Industrial Average have moved higher nine weeks in a row. The last time the S&P 500 and Nasdaq 100 were in unison like that was in […]
A trader works on the floor at the New York Stock Exchange (NYSE) in New York, U.S., February 28, 2020.Brendan McDermid/Reuters US stocks plunged Wednesday as recession fears dampened investors’ enthusiasm for Fed rate cuts. The Dow Jones Industrial Average snapped its nine-day winning streak. Wall Street strategists have warned Fed rate cuts could be […]
Stock market indexes unexpectedly reversed course in afternoon trading Wednesday, sending the major indexes lower by more than 1%. The Dow Jones Industrial Average couldn’t add to its nine-day win streak after reaching all-time highs. X The Dow pulled back 1.3%. All 30 Dow components fell Wednesday, the first time that’s happened since March 22, […]
Washington CNN  — The Biden administration managed to rack up a long list of major legislative wins in its first two years despite facing one of the most closely-divided Congresses in history.From bipartisan action on infrastructure, gun safety and same-sex marriage to party-line bills tackling climate change and expanding health care coverage, it’s a record […]