NEW YORK - Wall Street’s main indexes finished lower on Friday, weighed down by big U.S. banks after their earnings reports, while the energy fell sharply due to a regulatory probe into Exxon Mobil Corp.
“Financials and energy have been disappointing ... that’s bringing down the whole market,” said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina. Incoming U.S. President Joe Biden late on Thursday unveiled a $1.9 trillion stimulus proposal, which included some $1 trillion in direct relief to households.
“The weaker-than-expected economic data, and especially in parts of the economy like retail sales, is a big driver,” said Liz Ann Sonders, chief investment strategist at Charles Schwab. Declining issues outnumbered advancing ones on the NYSE by a 2.20-to-1 ratio; on Nasdaq, a 2.24-to-1 ratio favored decliners.
They will soon crash to lowest numbers since the thirties.
Americans should withhold taxes until a new and fair election is held
What they should be concerned about is the removal of tax scams that have bankrupted our country over the last 50 yrs
They’ll get over it.
Ça ne fait que commencer
'Indices,' not 'indexes.' C'mon, , know your declensions, damn it!
Walk Street is,...how do you say it?... dysfunctional.
I think you mean Indecies
Market took a hammering today. Wtf is going on now?
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