US drugmaker Pfizer and German biotech firm BioNTech reported additional data from their experimental Covid-19 vaccine that showed it was safe and induced an immune response in patients
The Dow Jones Industrial Average rose 39.91 points, or 0.15%, at the open to 26,774.62.
Trading powerhouses Morgan Stanley and Goldman Sachs performed better than Main Street rivals JPMorgan Chase, Bank of America and Citigroup
The US biotech firm's breakthrough is one of the most promising developments yet in the race to develop a vaccine against the virus that has paralysed the world's economy.
For many stocks to go up at the same time, the most important parts of the economy - construction, auto, finance, basic materials, consumer products - have to enjoy tailwinds
The Dow Jones Industrial Average rose 136.90 points, or 0.55%, to 25,152.45 at the open.
The Dow Jones Industrial Average rose 531.25 points, or 2.11%, at the open to 25,659.42.
The unemployment rate for April was 14.7 per cent, which was the highest since 1948. With the addition of 2.5 million jobs, the monthly rate dropped to 13.3 per cent for May
The Indian economy and markets, for instance, tend to be hit hard by high oil prices
The banking subsector declined 5.2%, falling for the third straight day
The scariest aspect of the crash is that, for once, it's about something real
US stock futures plunged 4.8% to hit their downlimit before daybreak in Singapore. The dollar sank more than 2% against the yen
Hollywood has postponed the release of several movies and movie theaters around the world have been closed over the health crisis
Continued weakness in EM equities will ironically lead to capital flows into India as global investors seek a hiding place
(Reuters) - U.S. stocks rose on Tuesday, with the S&P 500 hitting a four-month high, as energy companies got a lift from firming oil prices and strong results from PepsiCo signaled a flying start to the second-quarter earnings season.
Shares of the Amazon fell 2.8% and Jeff Bezos' fortune slipped $3.3 billion to $116.4 billion
The stock plunge is occurring during an upswing in the economy with the unemployment rate at 4.1%
The Dow Jones Industrial Average plunged 600 points as a strong employment report of sent Treasury yields toward 3%
Dow Jones Industrial Average fell 112.58 points, or 0.53 per cent, to 21,002.97
The S&P 500 Index tumbled 0.7 per cent to 2,153.74 earlier this week, its worst decline since the week ended September 9