And That Makes Two: US stocks fell for a second straight week, which hasn’t happened since April. The S&P 500 retreated 2.5% for the trading week through today’s close (Sep. 11), which left the index just above its 50-day moving average.
The recent round of selling has taken a bite out of stocks around the world, but the year-to-date results continue to favor China’s equities by a wide margin, based on a set of US-listed exchange-traded products representing the major regions of the world through yesterday’s close (Sep. 10).
Wildfires continue to rage across US West: BBC
Senate defeats a coronavirus stimulus bill: Reuters
Federal court blocks Trump order to exclude illegal immigrants from census: USAT
US economy recovering faster than expected, survey of economists reports: WSJ
Global economic rebound continues in Q3 but risk of slowdown looms: WSJ
UK economy continued to rebound in July: MW
China approves phase I human testing for nasal spray coronavirus vaccine: BBG
UK and Japan agree on trade deal–first major deal for UK since Brexit: CNBC
US jobless claims continued rising at worrisome pace last week: CNBC