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Stocks fall as trading starts for year of great expectations - Black News Channel

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By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are falling from their record highs Monday, as trading gets underway in a year where the dominant expectation is for a powerful economic rebound to eventually sweep the world. The S&P 500 was 1.5% lower in midday trading, after earlier flipping from small gains to losses. The Dow Jones Industrial Average also fell from its record set last week and was down 522 points, or 1.7%, at 30,083. The Nasdaq composite was 1.4% lower, as of 11:36 a.m. Eastern time. Coronavirus cases keep climbing at frightening rates around […]

The post Stocks fall as trading starts for year of great expectations appeared first on Black News Channel.

Source: Black News Channel - Black News Channel
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