February 5, 2020 @ 7:33 pm | Breaking News |
Stocks took off out of the gate this morning on reports on Chinese television that said a drug being tested by researchers at Zhejiang University in China was effective against the virus. That speculation got further traction on news that China had started a clinical...
April 9, 2018 @ 7:33 pm | Breaking News, Volatility |
On the surface, nothing much happened in U.S. stocks today. The Standard & Poor’s 500 stock index closed up 0.33% for the day. Ho hum. But intraday the S&P 500 showed an entirely different story. After opening at 2617–up from Friday’s close...
July 19, 2017 @ 10:26 pm | Breaking News |
According to Bank of America Merrill Lynch’s most recent survey, money managers are 20% underweight U.S. equities. (The survey was conducted from July 7 to July 13.) Managers haven’t been this underweight since January 2008. At that point the Standard &...