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S&P 500, Nasdaq drop for 3rd straight week as tech continues downward spiral

1 month ago   |   By Business Insider

Summary List Placement
The S&P 500 and Nasdaq composite indexes declined for the third straight week on falling tech giants and weakening economic data.
Mega-cap tech stocks led indexes lower as investors continued to shun lofty valuations and look for returns elsewhere.
Traders hoping for a stimulus breakthrough had little to cheer heading into the weekend. Democrats and Republicans remain hundreds of billions of dollars apart in their respective proposals.
The deadlock comes after weekly jobless claims and retail sales data pointed to a slowing economic recovery earlier in the...
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Stocks Fall For A Third Week In A Row As Tech Sell-Off Continues

Stocks Fall For A Third Week In A Row As Tech Sell-Off Continues

1 month ago   |   By Forbes

Tech stocks continued to drag the market lower.
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Economics Lessons From The Pandemic

Economics Lessons From The Pandemic

Since COVID-19 hit our shores, economists have been crunching data to see how it's affecting our economy. (Image credit: Michael Ciaglo/Getty Images) Read more ...

It Pays To Be An Apprentice: 63% More

It Pays To Be An Apprentice: 63% More

Participants in an apprenticeship program that matches employers with community colleges were able to earn substantially more after one year than their peers at community... Read more ...

Air Travel High: TSA Screens 1 Million For First Time Since March

Air Travel High: TSA Screens 1 Million For First Time Since March

The agency screened more than one million travelers at airport security checkpoints Sunday, the most since the start of the pandemic. But the modest air travel increase may be... Read more ...

Senate panel delays vote to subpoena Twitter, Facebook CEOs as some...

Senate panel delays vote to subpoena Twitter, Facebook CEOs as some Republicans waver

The Senate Judiciary Committee on Monday postponed plans to vote on subpoenas to compel the CEOs of Twitter and Facebook to testify on allegations of anti-conservative bias... Read more ...

Trump ties Fauci to Biden - to Biden's delight

Trump ties Fauci to Biden - to Biden's delight

President Donald Trump and Joe Biden agree on one thing: The Democratic nominee trusts Anthony Fauci. Trump ridiculed Biden during a campaign rally on Monday afternoon in... Read more ...

US stocks climb on investor hopes for stimulus ahead of Tuesday deadline

US stocks climb on investor hopes for stimulus ahead of Tuesday deadline

Summary List Placement US stocks gained as investors maintained optimism for Democrats and Republicans to pass fresh stimulus ahead of the November elections. House Speaker... Read more ...

Apple launched an MTV-style live-streaming channel featuring exclusive music...

Apple launched an MTV-style live-streaming channel featuring exclusive music videos and interviews

Summary List Placement Apple is launching a 24-hour music video station that will be free for users in the US. Apple Music TV will feature exclusives including new music videos... Read more ...

President Trump reportedly slammed Anthony Fauci as 'a disaster' in a...

President Trump reportedly slammed Anthony Fauci as 'a disaster' in a campaign phone call

Summary List Placement President Donald Trump on Monday blasted Dr. Anthony Fauci, the top US infectious disease expert, calling him a "disaster" in a campaign phone call... Read more ...

The US charged 6 Russian hackers with a string of 'destructive' cyberattacks...

The US charged 6 Russian hackers with a string of 'destructive' cyberattacks that shut down hospitals in Pennsylvania, crippled Ukraine's power grid, and targeted the Olympics and French elections

Summary List Placement Federal prosecutors accused six Russian government officials of orchestrating widespread cyberattacks that targeted Russia's perceived enemies across the... Read more ...

US exceeds 1 million daily air travelers for the first time since March

US exceeds 1 million daily air travelers for the first time since March

Summary List Placement When the COVID-19 pandemic hit the US in March, it brought air travel to a near standstill. But US air travel hit an important milestone on Sunday, the... Read more ...