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Stocks Waver as Traders Parse Powell s Comments: Markets Wrap

US stocks rose after Federal Reserve Chair Jerome Powell reiterated his commitment to curb inflation and acknowledged the risk of recession, as some traders…

Global Risk Off As Futures, Bonds And Oil Slide; Yields Surge To 3 Year High Ahead Of CPI

News Highlights: Top Global Markets News of the Day

News Highlights: Top Global Markets News of the Day
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

Stocks Waver as Jobless Claims Surge and Stimulus Talks Stall

Stocks End Mixed as Jobless Claims Surge and Stimulus Talks Stall TheStreet 12/10/2020 © TheStreet Stocks End Mixed as Jobless Claims Surge and Stimulus Talks Stall Stocks finished mixed on Thursday as investors weighed bogged-down stimulus talks and a jobless claims report that showed the number of Americans seeking unemployment benefits surged. The Dow Jones Industrial Average declined 69 points, or 0.23%, to 29,999, the S&P 500 slipped 0.13% and the Nasdaq rose 0.54%. Airbnb, the home-rental platform, began trading Thursday at $146, more than double its initial public offering price of $68 a share. The stock finished at $144.71. It traded as high as $165, almost 2 1/2 times the IPO price.

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