NewsWatch: Dow ‘s opening rally fading fast as stock market struggles to recoup Thursday’s selloff

This post was originally published on this site

MARKETWATCH FRONT PAGE

U.S. stock benchmarks are in positive territory but well of their opening peaks on Friday, as Wall Street’s attempt to recapture losses from the sharpest selloffs for the market since mid-March appeared to stumble badly in late-morning action. See full story.

Here’s why one strategist has slashed his S&P 500 target — and it isn’t just because of the Fed and COVID-19

The combination of rising odds of Democratic rule in Washington, along with the Federal Reserve decision and the media glare on COVID-19, have led one strategist to cut his S&P 500 price target. See full story.

Weekend reads: Where should you live when you retire?

Also, a smart move by Warren Buffett and how the financial services industry can bring in people of color. See full story.

Zuckerberg, Chan tell scientists they’re ‘disgusted’ by Trump’s comments, but offer little action

Facebook Chief Executive Mark Zuckerberg and wife Priscilla Chan said Thursday they are “deeply shaken and disgusted” by President Donald Trump’s inflammatory rhetoric, but offered little other consolation to scientists who recently petitioned the pair, asking to rein in Trump’s Facebook posts. See full story.

Asymptomatic transmission of coronavirus appears to be worse than SARS or influenza — 5 reasons you should care

Asymptomatic transmission ‘is the Achilles’ heel of COVID-19 pandemic control, one study says. See full story.

MARKETWATCH PERSONAL FINANCE

‘We’re talking about systemic racism, and relying upon a story that has been morphed, honed and perfected throughout time.’ See full story.

Add Comment