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Stocks Inch to New Records But New Coronavirus Fears Threaten the Recovery

Stocks Inch to New Records But New Coronavirus Fears Threaten the Recovery

Stocks inched to new highs last week, but a resurgence of coronavirus threatens to overshadow all kinds of good news. "Consumers reported a stunning loss of confidence in the first half of August" because of the delta variant, consumer sentiment economist Richard...

Stocks Nearly Erase Covid Losses as Economy Roars Back

Stocks Nearly Erase Covid Losses as Economy Roars Back

Strong economic data propelled stocks higher last week, nearly erasing the entire coronavirus decline. The S&P 500 surged 4.9 percent between Friday, May 29, and Friday, June 7. It was the third straight positive week, and the biggest gain since the beginning of...