One of the biggest threats to corporate America is ransomware. The growing possibility of losing access to essential or confidential digital property is a nightmarish scenario for executives as the financial consequences can be enormous.
But it’s not just major companies that are at...
Stocks were mixed this morning as the exodus out of pricey tech shares and into reopening names continued. Investors seemed to look past the looming threat of ongoing variant waves, choosing names that should benefit if the economic recovery continues steadily. It seems growth names with sky-high...
Stocks ticked cautiously higher this morning ahead of the November jobs report. Initial jobless claims reported yesterday totaled 222,000 for the final full week of November, lower than economists expected. Despite yesterday’s robust rebound, the major averages are on pace for a losing week. The S&P 500...
Yesterday afternoon, reports of the first confirmed case of the new variant in the U.S. inspired an abrupt move downward that erased morning gains and left stocks deep in the red for the day. During regular trading yesterday, the Dow lost 1.34%, the S&P 500 dropped 1.18%,...
The first trading session of December started off strong as stocks looked to recoup some of yesterday’s losses. Investor sentiment suffered yesterday when Fed Chair Jerome Powell said the central bank is planning to discuss speeding up the taper of its $120 billion a month bond-buying program...