Surging Stock Market Reflects 'Very Bright Outlook' For Economy, Finance Prof Says
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
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The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
The Dow jumped 5.3% in early trading, reaching a record high of 29,836. The S&P 500 rose more than 3%, while the Nasdaq added less than 1%.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
There are new signs the road to reopening will be a bumpy ride for the economy.
The exchanges has been limited to all-electronic trading since March 23.
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
Stocks surged Tuesday as investors weighed the Federal Reserve's vow to support key financial markets and prospects for a nearly $2 trillion relief bill in Congress to help soften the economic impact of the coronavirus.
U.S. stocks plunged so quickly today that trading was halted amid growing economic uncertainty over the coronavirus.
Fears of the virus are making stocks extremely volatile for the seventh day. At one point, the Dow was down nearly 1,000 points.
Global markets are now down for the sixth straight day, and experts say many investors are realizing the economic impact could be much worse than first thought.
Investors are hoping to see some signs of recovery today after the Dow fell more than 1,000 points Monday, wiping out all its gains for the year.
U.S. markets saw a steep selloff on Monday as the coronavirus disease spreads well beyond China, raising fears about its economic impact on several continents.
The company's rise has boosted the fortunes of its founder and CEO, Jeff Bezos: His 16 percent stake in Amazon is now worth about $160 billion.
Insiders at Tesla confirm CEO Elon Musk does, in fact, want to take the company private again.
President Donald Trump tweeted Wednesday, "we are not in a trade war with China."
On Friday morning, the Bureau of Labor Statistics reported the U.S. economy added 313,000 jobs in February. That far exceeded the 200,000 many analysts predicted. It's also the biggest gain since July 2016.
It was another yo-yo day with stocks going through wild gyrations. A surge in the last few minutes had the Dow Jones Industrial Average finishing a brutal few days with a positive push.
The Dow was down just over 30 points, the S&P lost 31, and the NASDAQ shed 64 points.
Financial journalist and founder of nonpoliticalnews.com Vera Gibbons stopped by to talk about the current bull market.
Stocks have their worst day since September as traders worry Washington turmoil will stymie Trump's pro-business agenda.
It's been a bull market since the presidential election, but Monday marked the eighth straight day the Dow Jones Industrial Average was down.
Wall Street declined for a ninth straight day Friday. That is the longest consecutive daily slide since 1980.
International stock markets plunged, oil prices tumbled and the pound fell to a 31-year low Friday as the vote shocked investors and dragged the region, the world's largest economic bloc, into a new era of uncertainty.
The New Jersey Devils downed the Carolina Hurricanes on Thursday night.
A 9/11 memorial was vandalized inside a church in Midtown Manhattan on Wednesday, and police say the suspect is seen on video walking out with a piece of the artwork.
Thursday marks exactly 60 years since the Verrazzano-Narrows Bridge opened to much fanfare.
Nov. 29 is the last day for New York City restaurants to remove roadway dining sheds, which will now be seasonal under new regulations set by the City Council.
Yankees outfielder Aaron Judge was a unanimous pick to win his second American League Most Valuable Player Award in three seasons on Thursday.
A 9/11 memorial was vandalized inside a church in Midtown Manhattan on Wednesday, and police say the suspect is seen on video walking out with a piece of the artwork.
Thursday marks exactly 60 years since the Verrazzano-Narrows Bridge opened to much fanfare.
Nov. 29 is the last day for New York City restaurants to remove roadway dining sheds, which will now be seasonal under new regulations set by the City Council.
Yankees outfielder Aaron Judge was a unanimous pick to win his second American League Most Valuable Player Award in three seasons on Thursday.
The defense in the trial of Daniel Penny called an expert witness – a forensic pathologist – to the stand Thursday.
Jodi Rell, who became Connecticut's second female governor when John Rowland resigned in a corruption scandal, has died at 78.
The weather is shifting and bringing much-needed rain to the Tri-State Area. There may even be snow in parts of New York.
It looks like the Tri-State Area will get a substantial soaking of rain later this week, something it definitely needs due to the risk of wildfires.
The risk of wildfire development will remain elevated across the Tri-State Area through the next several days.
A Red Flag Warning is in effect today across the entire Tri-State Area until 6 p.m.
A Woodbridge, New Jersey homeowner was arrested Thursday after investigators say he started a fire that damaged six homes, including his own.
The Justice Department says it found a pattern of misconduct and civil rights violations by the Trenton Police Department.
Burn bans in New Jersey have been lifted after significant rainfall in the state.
A crane accident in Montville, New Jersey turned a routine tree trimming job into a chaotic mess when the machine fell onto a house.
New Jersey Gov. Phil Murphy updated commuters Wednesday on what's being done to correct issues on the rails.
A plan to regionalize some public school services in New York state has set off alarm bells among many parents and educators on Long Island.
The iconic Stella Ristorante in Floral Park, Long Island will close on Dec. 31 after 64 years in business.
The weather is shifting and bringing much-needed rain to the Tri-State Area. There may even be snow in parts of New York.
Dozens of Suffolk County homeowners are shocked after they say FEMA denied their requests for aid after storms caused devastating damage in August.
Leaders in Nassau and Suffolk counties rolled out a strategy Monday to try and stop congestion pricing.
A plan to regionalize some public school services in New York state has set off alarm bells among many parents and educators on Long Island.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Jodi Rell, who became Connecticut's second female governor when John Rowland resigned in a corruption scandal, has died at 78.
New York City special education students are not getting the services they were promised, according to the United Federation of Teachers.
Jessica Tisch, the head of the Department of Sanitation, was appointed New York City's new police commissioner on Wednesday.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
The packaging label omitted a key ingredient, prompting a Food and Drug Administration recall.
The manufacturer of tumblers sold at Wawa stores says it has received four reports of cuts from the product's metal drinking straws.
Decision to cut topping comes as officials work to confirm source of E. coli outbreak linked to McDonald's Quarter Pounders.
Gov. Kathy Hochul on Tuesday announced a $150 million investment in a new state-of-the-art cell and gene therapy hub to be built on Long Island.
Chris Stapleton took home four Country Music Association Awards and hardly left the stage on Wednesday night, while an absent Morgan Wallen won the night's biggest prize, entertainer of the year.
The leader of a New York City church where pop star Sabrina Carpenter filmed scenes for a music video has been stripped of his duties.
Sean "Diddy" Combs has tried to reach out to prospective witnesses and sway public opinion from jail in NYC to influence potential jurors in his sex trafficking trial, prosecutors say.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Six Flags announced it shut down the Kingda Ka and Green Lantern roller coasters to make way for two new rides including The Flash coaster.
The New Jersey Devils downed the Carolina Hurricanes on Thursday night.
Yankees outfielder Aaron Judge was a unanimous pick to win his second American League Most Valuable Player Award in three seasons on Thursday.
The new soccer stadium across from Citi Field will be called Etihad Park, NYCFC and the United Arab Emirates airline announced.
Jalen Brunson scored 36 points, Karl-Anthony Towns added 34 and the Knicks beat the Suns 138-122 for their fourth straight win.
Mika Zibanejad scored and added an assist as the New York Rangers edged the Vancouver Canucks on Tuesday night.
Thursday marks exactly 60 years since the Verrazzano-Narrows Bridge opened to much fanfare.
Nov. 29 is the last day for New York City restaurants to remove roadway dining sheds, which will now be seasonal under new regulations set by the City Council.
A new state-of-the-art trash system in NYCHA's Polo Grounds Towers in Harlem promises to tackle energy, rodent and recycling issues.
Families in Central Harlem will soon settle into their new homes at Marcus Garvey Village, which also brings free gathering spaces to the community and an LGBTQ center.
The Hispanic Society's new exhibit traces how different cultures influenced the women of Spain as they found their own voices throughout history.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Tens of thousands of people flooded Manhattan streets on June 2, 2024 for the 60th annual Israel Day on Fifth Parade.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
Police are looking for a man accused of stealing from a 9/11 memorial at a church in Midtown Manhattan.
An arrest has been made after a woman was found dead in her Paramus home Monday afternoon.
Legendary composer John Kander was honored at his Broadway musical "Cabaret" on Wednesday night.
A traffic agent was attacked over a ticket in Brooklyn on Wednesday, and now police are looking for the suspect.
The suspect accused of slashing a tourist on the Upper West Side on Wednesday is now in custody, and police say his mother turned him in.
