Wednesday, August 19, 2020

Wall Street thinks a double-dip recession is more likely than V-shaped recovery

America's stock market has swiftly recovered from the pandemic. Sophisticated investors don't think the real economy will do the same.
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Wall Street thinks a double-dip recession is more likely than V-shaped recovery
America's stock market has swiftly recovered from the pandemic. Sophisticated investors don't think the real economy will do the same. Read more »
 
Working mothers are quitting to take care of their kids, and the US job market may never be the same
America's parents are going through a year of tough choices, and it isn't getting any easier. With the school year starting, many have to choose between their jobs and staying home to take care of their kids. Read more »
 
Exclusive: He's taking over one of the world's largest fitness brands after it was rocked by scandal
CrossFit's new CEO and owner Eric Roza has taken on a massive task. Read more »
 
Savers are struggling and probably will for years
Americans are nervous about their economic future -- so much so that they're willing to keep money in the bank and Treasury bonds that earn pretty much zilch. Nada. Bupkis. You get the picture. Read more »
 
Apple passed $2 trillion in market value
Among its many accomplishments -- the iPhone, the iPad, iTunes, the App store -- Apple can now boast of one more: It is now worth more than $2 trillion, making it the first company in the United States to reach that milestone. Read more »
 
1 in 4 hotels can't pay their mortgages
In a desperate plea for help, the hotel industry said it faces a default disaster, in which 25% of hotels are at risk of foreclosure. Read more »
 
 
 
 
Dow Nasdaq S&P
-85.19   -64.38   -14.93
27,692.88   11,146.46   3,374.85
-0.31%   -0.57%   -0.44%
YTD -2.96%   YTD +24.23%   YTD +4.46%
 
Biggest Winners
Target Corp +12.65%
 
Freeport-McMoRan Inc +3.68%
 
Centurylink Inc +3.58%
 
Norwegian Cruise Line Holdings Ltd +3.16%
Biggest Losers
TJX Companies Inc -5.38%
 
Marathon Oil Corp -3.70%
 
Essex Property Trust Inc -3.67%
 
Darden Restaurants Inc -3.57%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $42.82 -0.11 / -0.26%
Gold $1,932.40 -37.90 / -1.92%
10-yr 0.68% +0.01
Euro $1.18 -0.01 / -0.89%
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