US Markets

The Dow Jones Industrial Average climbed to record highs Wednesday after Treasury Secretary Steven Mnuchin said direct payments to Americans would begin immediately and as U.K. regulators approved a second COVID-19 vaccine for emergency use.

Billionaire Bernard Arnault-led LVMH made the first offer late last year, but as the luxury industry slipped into a turmoil due to the COVID-19 pandemic the company backed out from its promise to close the deal.

A full stimulus pkg. may not come together.

U.S. equity markets hit record highs Monday as traders returned to work from an extended holiday weekend that saw President Trump sign a COVID-19 relief bill.

U.S. equity futures are pointing to gains after President Trump signed a $900-billion economic aid package, helping to reduce uncertainty as governments re-impose travel and business curbs in response to a new coronavirus variant and traders return from the long Christmas holiday for the final few days of trading before the new year.

U.S. stock indexes finish shy of records in a holiday-shortened session.

U.S. stock indexes ended mixed Wednesday as President Trump urged Congress to rework the COVID-19 stimulus bill and give more aid to struggling Americans.   

Goldman Sachs Group predicts another strong year for stocks in 2021, but warns a number of obstacles could disrupt an expected economic rebound.

Nikola Corp. shares were sharply lower Wednesday morning after the company announced its collaboration with Republic Services to develop an electric-refuse truck have been suspended.

The Nasdaq Composite rallied to an all-time high Tuesday after Congress passed a $900 billion COVID-19 aid package.

Stocks trimmed their early losses after the World Health Organization said COVID-19 vaccines would be able to combat the outbreak of a new fast-spreading coronavirus strain in Britain and as U.S. lawmakers agreed on an aid package.

Bank stocks rallied sharply Monday after the Federal Reserve gave financial institutions the greenlight to buy back shares.

Tesla Inc. shares were under pressure ahead of the S&P 500 debut on Monday as a new faster-spreading coronavirus strain was discovered in Britain.

Congress continues to negotiate a COVID-19 relief package as the clock ticks.

Congress inches closer to reaching a deal on a COVID-19 relief package.

Rite Aid Corp. is partnering with the Centers for Disease Control and Prevention in helping administer COVID-19 vaccines.

The Fed is now more optimistic on the economy next year.

America’s newfound love of hunting and other outdoor activites will likely continue after the eradication of COVID-19, according to gun manufacturer American Outdoor Brands Inc.

Aphria Inc. and Tilray Inc. have agreed to merge in a deal that forms the world’s largest cannabis company.

Big-money investors bullish on a COVID-19 vaccine and the reopening of the economy should temper their excitement, warn strategists at Bank of America.