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Stocks Shoot Higher. Powell Couldn’t Scare the Markets This Time.

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Stocks Shoot Higher. Powell Couldn’t Scare the Markets This Time.

Text size David L. Nemec / New York Stock Exchange The stock market gained Thursday as Federal Reserve Chairman Jerome Powell testified before Congress for a second day. Nothing he has said scared the market—for now. The Dow Jones Industrial Average gained 195 points, or 0.6%, while the S&P 500 rose 1% and the Nasdaq … Read more

Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week

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Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week

Text size Uncredited US stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders, and economic-data releases when investors return this week. Companies reporting quarterly results will include Lennar on Tuesday; FedEx , BlackBerry , and Darden Restaurants on Thursday; and CarMax … Read more