NewsWatch: Dow rises for 2nd day, Nasdaq regains perch above 13,000 but stocks set for back-to-back weekly loss

This post was originally published on this site

U.S. stock benchmarks rise modestly early Friday, but stocks are likely to book a second straight weekly loss in a volatile stretch for Wall Street, framed by rising bond yields and concerns about the global recovery from the coronavirus pandemic. See full story.

SEC cracks opens probe into blank-check company IPO mania: report

The independent federal government regulatory agency has sent letters to banks asking for information on their individual SPACs, or blank-check companies, Reuters reported. See full story.

Will individual investors stick around after pandemic’s ‘mind-blowing’ stock trading surge?

The U.S. bull market in stocks just celebrated its first birthday this week. Will individual investors remain the life of the party? See full story.

Concerns over the Suez Canal accident tilt toward natural gas

Oil’s taking a break Thursday from the rally driven by the Suez Canal mishap, but if the issue isn’t resolved in the next few days, tighter global supplies of liquid natural gas may turn out to be just as big of a concern. See full story.

‘Suburban sprawl’ will continue to benefit luxury furniture retailer RH: Cowen

RH is expanding globally and branching into hotels and residences See full story.


Roughly half of Americans say they have saved less than $500 in the past 3 months. See full story.