The evaporation of a rally on Wall Street in the closing minutes of Tuesday's session shows that many investors fear the U.S. stock market is in danger of a renewed tumble due to uncertainty surrounding the coronavirus pandemic.
- The evaporation of a rally on Wall Street in the closing minutes of Tuesday’s session shows that many investors fear the U.S. stock market is in danger of a renewed tumble due to uncertainty surrounding the coronavirus pandemic.
Fueled by early signs of the outbreak plateauing in some U.S. hot spots, including New York State, the S&P 500 traded up as much as 3.5% during the session, only to lose ground sharply late in the day to finish down 0.16%. The index, however, remains up 19% from its March 23 low.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Work-from-home stocks are in the spotlight on Wall Street - Business InsiderA new breed of tech stocks is thriving as the world works from home. Here are the key things to look for to make your own 'work from home' tech portfolio.
Read more »
Wall Street soars on hopes of slowing coronavirus deathsU.S. stocks rocketed higher on Monday, with each of the major indexes rallying at least 7%, after a fall in the daily death toll in New York, the country's biggest coronavirus hot spot, fueled optimism a leveling off of the pandemic was on the horizon.
Read more »
Wall Street gains on signs of coronavirus slowdownWall Street rose on Tuesday as early signs of a slowdown in coronavirus cases in U.S. hot spots raised hopes that sweeping lockdown measures to contain the outbreak were working.
Read more »
Iger Floats Temperature Checks at Disney Parks, But Wall Street Sees Two Years Before Normalcy ReturnsAs the Walt Disney Co. looks beyond the current coronavirus crisis and to a point where its worldwide theme parks and resorts may re-open, Disney executive chairman Bob Iger has floated the possibi…
Read more »
Oil drop saps gains as Wall Street fades lateWall Street fell on Tuesday, as a drop in oil prices steepened in the latter stages of the session and erased early gains built on tentative signs that coronavirus outbreaks in some of the biggest U.S. hot spots may be leveling.
Read more »
Day 26 without sports 🏈: Wall-to-wall NFL Red Zone can ease the painTo take football fans up to the April 23 NFL draft, NFL Red Zone channel will air its broadcast of one week of the 2019 season for the next 17 days.
Read more »