Wall Street’s main indexes closed sharply lower on Thursday, marking their deepest one-day dives in months as investors dumped the high-flying technology sector, while economic data highlighted conce…
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Month: September 2020
Dragged down by tech, Dow plunges more than 800 points
Major U.S. stock indices took a plunge Thursday, largely dragged down by steep losses in the tech sector. The Dow Jones Industrial Average shed more than 800 points, or over 2.8%, by Thursday aftern…
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Tesla retreats for third day as investors cash in on gains
Tesla shares fell for a third straight day on Thursday, as investors who have been betting on the electric-car maker’s growth prospects cashed in on the meteoric rally in the stock price this year. …
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NewsWatch: Dow down more than 500 points as tech shares slump
U.S. stocks fall Thursday after the stock market posted one of its best daily gains in weeks. See full story. Initial jobless claims fall 130,000 to 881,000, but drop tied to change in statistical m…
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Outside the Box: The stock market is peaking — these are the 26 stocks to own through the downturn
COVID-19 has wreaked havoc on economies across the globe and resulted in record asset write-downs. Meanwhile, the S&P 500 raced to new all-time highs as most investors were willing to look past t…
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