Thursday, August 6, 2020

Another 1.2 million Americans filed for unemployment benefits last week

The recovery from America's jobs crisis seems to have hit a roadblock, and weekly claims for unemployment benefits are proof of that.
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Another 1.2 million Americans filed for unemployment benefits last week
The recovery from America's jobs crisis seems to have hit a roadblock, and weekly claims for unemployment benefits are proof of that. Read more »
 
Fastly's stock plummets because its largest customer is TikTok
One of the pandemic's best-performing new companies took a hit Thursday because of — you guessed it — TikTok. Read more »
 
Big tech stocks could fall sharply if there's a vaccine
Hopes are growing that a Covid-19 vaccine is coming. But Goldman Sachs thinks a vaccine might actually upend the stock market, which has continued to rally despite worries about a rise in cases in several key states. Read more »
 
Why 2020 is the year of the SPACs (And what the heck is a SPAC?)
Lordstown Motors is the latest high-profile company that plans to go public by merging with a special purpose acquisition company or SPAC. These types of so-called blank check or reverse merger deals used to be an object of scorn on Wall Street. Now they're all the rage. Read more »
 
Americans have less debt for the first time in six years
Americans have less debt for the first time in six years, as they spent less money during the pandemic lockdown, new data from the Federal Reserve Bank of New York shows. Read more »
 
Bank regulators crack down on Capital One after its massive data breach
The US government and Federal Reserve on Thursday took action against Capital One in response to the bank's massive 2019 data breach. Read more »
 
 
 
 
Dow Nasdaq S&P
+185.46   +109.67   +21.39
27,386.98   11,108.07   3,349.16
+0.68%   +1.00%   +0.64%
YTD -4.03%   YTD +23.80%   YTD +3.66%
 
Biggest Winners
MGM Resorts International +10.41%
 
Sealed Air Corp +8.76%
 
AES Corp +7.47%
 
Howmet Aerospace Inc +7.46%
Biggest Losers
Resmed Inc -13.52%
 
Corteva Inc -10.96%
 
Huntington Ingalls Industries Inc -8.88%
 
Becton Dickinson and Co -8.40%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $41.97 +0.02 / +0.05%
Gold $2,078.00 +8.60 / +0.42%
10-yr 0.54% -0.01
Euro $1.19 +0.00 / +0.04%
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