Investors are bracing for more turbulence ahead after the worst week for U.S. equities since June. The S&P 500 snapped its first five-day losing streak since February last week, finishing the week 1.63% lower. The Nasdaq and the Dow also saw weekly losses, sinking 1.29% and 2.24%,...
Markets have been volatile, with investors on edge as the continued virus threat undermines the economic recovery and boosts supply-shock inflation, even as central banks reaffirm an accommodative stance. U.S. equities have been whipsawed amid mixed economic data and a lack of clarity on the Federal Reserve’s...
President Biden is going all-in on solar. Yesterday, the Biden administration released its blueprint mapping out how the U.S. could produce 45% of its electricity using solar power by 2050. The plan indicates that the U.S. would have to double the amount of solar energy produced each...
Investors were cautious this morning after yesterday’s losses. The major benchmarks started today’s session red. Fear of rising infection rates and policy debates in Washington continue to weigh heavily on equities. Several firms, including Morgan Stanley, Credit Suisse, and Citigroup, have cautioned investors that the bull case...