Rising concerns about inflation and the resurgence of COVID-19 infections among the unvaccinated walloped Wall Street on Monday, with major benchmarks suffering their worst declines since May, even as quarterly earnings continue to reflect a strengthening economic rebound. Fears about broadly rising coronavirus cases drove the Nasdaq and S&P 500 […]
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Stocks rise to records to recover losses as investors shake off growth concerns
Stocks gained on Friday to set new all-time highs, shaking off declines from a day earlier as concerns over the pace of the economic recovery flared. The S&P 500 added more than 1% led by the financials, materials and energy sectors that had been some of Thursday’s biggest laggards. The […]