Concerns over hot economic growth and inflation hit the American stock market Monday. There’s debate over whether it’s a reaction to a COVID-19 resurgence or a backlash to inflation. Summary Apparent unease over a small resurgence in COVID-19 infections resulted in stocks taking a tumble Monday, with the Dow losing more than 700 points. Despite the concern over the uptick, the current rate of infections are “still well below highs from last fall and earlier this year.” In remarks at …
Tag: stock market
A battle between internet day traders and professionals on Wall Street has become the hot non-political story of the day. That excludes CNN, which turned a story about online trading activists boosting a stock all about …