If you own stocks, you’re probably searching for explanations about the sudden bear market. The answers you find likely start with an event: what the Fed does, what President Trump does, or what the coronavirus does.
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President Trump on Friday declared a national emergency to deal with the coronavirus pandemic, amid media hysteria and a tumbling stock market. The virus, which originated in Wuhan, China, has infected more than 1,700 people in the United States, and killed 41 of them.
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The Dow Jones passed the 29,000 mark for the first time in history during early trading Friday following a record high opening of S&P.
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Since the 2016 election, the U.S. stock market has produced historic records.
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By Robert Romano In March, the Securities and Exchange Commission (SEC) proposed a new transaction fee pilot that would “subject stock exchange transaction fee pricing, including ‘maker-taker’ fee-and-rebate pricing models, to new temporary pricing restrictions across three test groups, and require the exchanges to prepare and publicly post data,” according to the…
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Tesla CEO Elon Musk is considering leading a buyout of the electric car maker in a stunning move that would end the maverick company’s eight-year history trading on the stock market. In his typically unorthodox fashion, the eccentric Musk dropped his bombshell on his Twitter account, which he has used…
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US Steel is hiring in the wake of President Donald Trump’s steel tariffs, CBS Pittsburgh says, citing a CNN Money report. US Steel said Tuesday it’s restarting the second of two blast furnaces at its plant in Granite City, Illinois, near St. Louis. It will bring on 300 workers to…
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