Stocks jumped Wednesday after closing out their best quarter in decades, as positive vaccine news helped investors shake off a spike in coronavirus cases.
Author: Jessica Menton, USA TODAY
COVID hasn’t stopped the housing market, but good luck finding a home you can afford
Lower mortgage rates provide relief for potential homebuyers, but there’s a catch: there aren’t enough houses on the market to keep up with demand. So potential buyers are facing an affordability crunch.
Dow notches best quarter since 1987, a rebound helped by low interest rates and government stimulus amid COVID-19
Stocks posted their best quarter in decades, as government stimulus and help from the Fed helped markets start to recover from the damage of COVID-19 at the start of the year.
Dow drops 700 points, caps week with losses as virus cases surge
Stocks slid Friday, as investors weighed the Fed’s move to temporarily suspend shareholder payouts by big banks ahead of a potential recession.
Dow rallies 300 points, rebounding from selloff
Stocks staged a comeback in the final trading hour Thursday, propelled by bank shares as investors weighed prospects for an economic turnaround.
Is July 15th still tax day? Treasury may consider delaying deadline to Sept. 15, Mnuchin says
Treasury Secretary Steven Mnuchin left the door open to extending the July 15 tax deadline for a second time as Americans grapple with the economic fallout from the pandemic.
Dow drops 700 points as virus cases surge, IMF cuts global outlook
Stocks fell Wednesday on worries over the prospects of a quick economic recovery after the IMF projected the global recession will be worse than initially expected.
Stocks notch gains on recovery hopes
U.S. stocks extended gains Tuesday, as investors weighed the prospects for an economic recovery as more businesses reopen.
A dream home, a vintage school bus and quirky roller skates: Here’s what couples are buying with their pandemic wedding funds
Wedding bells won’t be ringing for many couples this summer after the pandemic forced Americans to cancel or postpone their nuptials. But some are using the money to buy their dream home, or make quirky purchases from a bus to roller skates.
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Dow jumps 350 points as May retail sales surge to record
U.S. stocks rallied Tuesday after retail sales rebounded in May, rising to a record as businesses that were battered by the coronavirus pandemic started to reopen.