The numbers: The huge service side of the U.S. economy grew faster in January and companies added more workers, signaling better times ahead as the record surge in coronavirus cases receded. A survey of top business leaders at non-manufacturing companies such as restaurants, hospitals and banks rose to 58.7% from …
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President Donald Trump’s coronavirus press conference has not stemmed the global equity slide as world-wide infections climb and U.S. stocks have tumbled into correction territory. Our call of the day comes from BNY Mellon’s chief strategist Alicia Levine, who has advice for those wanting to know when to buy beaten-down …
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Stocks have broken their uptrend and are trying to bounce off a critical level in the S&P 500 index at 3,210. The huge rally in stocks that began on Oct. 4 is in jeopardy. A couple of large down days have broken the steepness of the uptrend, but not the …
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