American shopping is back to pre-pandemic levels. That's a big deal

Millions of Americans remain unemployed during the coronavirus pandemic and many are struggling to pay their bills. But despite devastation in other parts of the US economy, American consumerism has staged a rapid comeback.

News: What you need to know about the markets     American shopping is back to pre-pandemic levels. That's a big deal Millions of Americans remain unemployed during the coronavirus pandemic and many are struggling to pay their bills. But despite devastation in other parts of the US economy, American consumerism has staged a rapid comeback. Read more »   Bill and Melinda Gates-backed coronavirus vaccine maker soars in Wall Street debut The race for a successful coronavirus vaccine is heating up in labs around the world — and on Wall Street. Germany's CureVac, a biotech with the backing of the Bill & Melinda Gates Foundation, more than tripled in its first day of trading Friday. Read more »   Fortnite's maker is suing Apple after the game was removed from its App Store The maker of Fortnite is suing Apple after Apple blocked the wildly popular online video game with hundreds of millions of registered players from its app store Thursday. Read more »   DraftKings gets ready for a strange football season Major league baseball is back, albeit with some coronavirus-induced game cancellations, and the NBA and NHL are starting playoffs in bubble cities as a preventive measure. That should be great news for DraftKings -- but shares tumbled 5% Friday on downbeat earnings. Read more »   'China's Netflix' is being investigated by the SEC for alleged fraud Investors are getting nervous about iQiyi, the online streaming provider often referred to as the "Netflix of China," as regulators examine allegations of inflated earnings. Read more »   College towns face a potentially devastating economic blow this fall: No football Missing out on college football games is more than just a bummer for die-hard fans of the sport. For university towns and the local businesses that rely on college football to generate revenue, it's yet another 2020 economic disaster on top of the Covid-19 pandemic. Read more »

Dow Nasdaq S&P +34.30   -23.20   -0.58 27,931.02   11,019.30   3,372.85 +0.12%   -0.21%   -0.02% YTD -2.13%   YTD +22.81%   YTD +4.40%

Biggest Winners Mckesson Corp +4.26%   DXC Technology Co +3.92%   Cabot Oil & Gas Corp +3.57%   Corteva Inc +3.53% Biggest Losers Duke Realty Corp -2.29%   Sempra Energy -2.06%   Roper Technologies Inc -1.82%   Edison International -1.72%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $42.22 +0.21 / +0.50% Gold $1,952.90 +3.10 / +0.16% 10-yr 0.71% -0.01 Euro $1.18 +0.00 / +0.21%

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