As labor and services data showed a slowdown in the pace of the economic damage wrought by the COVID-19 shutdowns, U.S. stocks surged, adding to…
Tag: COVID-19 shutdown
U.S. unemployment claims drop sharply as country reopens
First-time claims for U.S. unemployment benefits totaled 2.1 million last week, the lowest total since the coronavirus shutdowns began. Economists surveyed…
Dow tumbles more than 500 points as COVID-19 shutdown slams economy
Stocks fell sharply on Wednesday as the COVID-19 shutdown slams the economy. Dismal economic data and weak bank earnings fueled concerns…
