Blog – Left Sidebar

Stocks tumbled Friday, leaving the Dow and S&P 500 with worst monthly loss in 3 months, as volatile trade in a batch of small, heavily shorted companies raised broader bubble concerns in a market already worried about factors that could slow the economic recovery.

In the U.S. more than 4.2 million Americans have received two doses of either vaccine.

The U.S. biotech has produced an interim assessment of its Phase-3 trial in the U.K., for which I volunteered last year. And it shows the vaccine is 89% effective against the disease.

Bank of America strategists have an idea about what might break this bull market’s back.

GameStop Corp. and AMC Entertainment Inc. shares burst out of the gate Friday and hold on to sizable gains as an army of social-media rallying retail investors seek to take on established Wall Street firms.

Stock benchmarks head lower Friday, with the worst week since last October in view, amid concern that a slow coronavirus vaccine rollout may delay further economic recovery and on fears that volatile trading in a batch of small, heavily shorted companies may reflect a speculative bubble across the wider market.