Stocks push higher in volatile trading

US equities regained ground after Monday’s revenge punishment as the Federal Reserve and the White House moved to mitigate the economic blow of the coronavirus pandemic.

The S&P 500 gained 6.3% and the Nasdaq Composite rose 6.2%. The Dow Jones Industrial Average recently rose 5.3%, after falling below 20,000 points at some point in the morning. On Monday, the blue-chip indicator posted the second worst percentage drop ever, behind only the 1987 Black Monday crash, fearing that the pandemic is interrupting supply chains …


Inventories are falling, Dow industrialists are down to 403 points

A defeat in global financial markets deepened on Tuesday, dropping the Dow Jones Industrial Average to 403 points and Treasury yields sliding to new lows.

For most of the past few weeks, investors have been fixated on one problem: the potential for a growing coronavirus epidemic to affect economic activity worldwide.