[CNBC] KEY POINTS Facebook CEO Mark Zuckerberg announced Facebook Shops, a new e-commerce feature that allows businesses to easily list their products on Facebook and Instagram. Using Facebook Shops allows businesses to list their products on their Facebook Page, Instagram profile, Stories or in ads. In the future, Facebook Shops […]
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[CNBC, Getty Images] Dow Jones Industrial Average falls 390 points The Dow slid 390.51 points, or 1.59%, to 24,206.86. The S&P 500 fell.1.05% to close at 2,922.94. The Nasdaq Composite advanced 0.54% to 9,185.10. Wall Street took a breather on Tuesday following a massive rally in the previous session. Mnuchin, Powell testify Investors turned their attention to Washington […]
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[MarketWatch, Getty Images] Why one strategist sees Dow 30,000 next year and 40,000 by 2023 An upbeat Monday has become something of a collector’s item in recent months, but a wave of positivity swept across stocks to start the week. Federal Reserve Chairman Jerome Powell sent U.S. stocks higher on Monday after […]
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[NBC] Restaurants across the country including in the Chicago area have implemented coronavirus surcharges to combat rising food prices — a move that has prompted a backlash on social media and scrutiny from customers. NBC 5’s Lexi Sutter has more on a Chicago eatery contending with that very issue. Harold’s […]
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[MarketWatch] U.S. stocks staged a strong, broad rally on Monday, as investors cheered the continued reopening of the U.S. economy and good news about coronavirus vaccine trials from Moderna Inc. The S&P 500 airlines industry group surged 14.3% as data from the Transportation Security Administration showed air passenger traffic had risen for […]
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[ABC NEWS] In a surprise, he said he’s been taking the drug despite having no symptoms. President Donald Trump on Monday told reporters he’s been taking hydroxychloroquine, the anti-malaria drug he’s touted as a possible “game changer” treatment for COVID-19. He said he asked the White House doctor if he could take the […]
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[CNBC] The market’s resilience continues to mystify many… The S&P 500 is up more than 3% over the past 12 months while the tech-heavy Nasdaq 100 — which consists of the 100 largest companies in the Nasdaq composite — has gained more than 6% year to date. Wall Street’s resilience […]
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[Business Insider] Goldman Sachs lifted its price target for Moderna stock to $105 from $63 on Monday after first trials for its coronavirus drug showed “encouraging” results. Moderna announced Monday that all 45 volunteers in the trial produced antibodies to protect against COVID-19 infection. Shares jumped as much as 39% on the news. The new […]
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[Reuters] Floor traders work space is seen on the trading floor after the closing bell, following traders testing positive for Coronavirus disease (COVID-19), at the New York Stock Exchange (NYSE) in New York, U.S., March 19, 2020. (Reuters) – Wall Street’s main indexes surged on Monday as encouraging early data […]
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[Forbes, Getty Images] Whether the economic impact of the coronavirus caused you to be furloughed or limited your income, you might wonder what you can do now to prepare for a post-coronavirus job market. Global pandemic aside and regardless of a recession, it’s always a good idea to build resiliency […]
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