Tag: S&P500

Wall Street rises as investors look beyond rising virus cases – Reuters

The S&P 500 has climbed some 42% from its March lows and the Nasdaq hit a record high earlier this month thanks to trillions of dollars in monetary and fiscal support, the reopening of businesses and improving economic data.

US Treasury yields rise as stocks search for modest recovery after Monday’s crash

The Dow and S&P 500 on Monday suffered their worst plunge since the “Black Monday” crash of 1987, despite the Federal Reserve’s announcement of an emergency $700 billion quantitative easing program and a further 100 basis point cut to interest rates.