China PMI Data Signals Steady Economic Recovery
A gauge of China's factory activity climbed to a three-year peak in November, signaling the steady recovery of the world's second-largest economy from the coronavirus shock
Economy Week Ahead: November Jobs Report, Trade
Data is likely to show the labor market continuing to heal slowly, with the unemployment rate expected to tick lower.
S&P 500, Nasdaq End Week at Records
U.S. stocks edged up, with the Nasdaq Composite Index and S&P 500 closing at new highs as markets ended a shortened session on an upbeat note.
Platinum Draws Investors as Gold Rally Stalls
Platinum is attracting renewed interest as a global push for cleaner energy and waning demand for gold promise to lift demand for the metal.
Tesla's S&P 500 Debut Is Set to Put $100 Billion in Motion
The addition of a $555 billion company prone to huge price swings is so daunting that S&P is considering adding Tesla's weight over two separate trading days.
Investors Pile Into Risky ETFs During Wild Market Rally
A penchant for risk-taking has rejuvenated leveraged and inverse ETFs, as investors hunting for bigger returns take bold gambits that have the potential for big gains and even bigger losses.
Officials Warn of Virus Surge Despite Imminent Vaccine
Dr. Anthony Fauci, the Trump administration's top infectious-disease expert, warned the country could see "a surge upon a surge" of new Covid-19 cases over the coming weeks, adding that he expected restrictions on travel and large gatherings to persist through the Christmas season.
Biden Fills Out Economic Team
President-elect Joe Biden intends to nominate a diverse group of economic advisers to serve alongside Treasury Secretary nominee Janet Yellen as he prepares to confront the economic fallout from the coronavirus pandemic, people familiar with the decision said.
Stocks Say Covid Recovery Is Nigh. Bonds Tell a Different Story.
The all-important Treasury market is a holdout in reflecting increased economic optimism from Covid-19 vaccine news.
House to Vote on Booting Chinese Stocks From U.S. Over Audit Rules
Lawmakers next week are likely to force Chinese companies with shares traded on American exchanges to finally comply with audit-oversight rules-or leave U.S. markets altogether.
(END) Dow Jones Newswires