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The company agreed to sell its U.S. business to Cleveland-Cliffs for $1.4 billion, as the world's largest steelmaker grapples with the fallout from the coronavirus pandemic
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 On Monday, Inovio announced that it would be halting its phase 2/3 coronavirus vaccine trial so that it could continue to answer questions from the FDA. This comes as the MidWest of the United States starts to see coronavirus positive cases topping 25%. Yahoo Finance's Anjalee Khemlani joins The Final Round to discuss the latest on the coronavirus.
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U.S. stocks closed sharply higher Monday, starting the week on a higher note as investors bought shares of banks, energy companies, as well as materials and industrials firms. Talk of some progress toward a fresh coronavirus aid package, however unlikely to gain much traction on Washington, and bargain hunting by investors betting on happier economic times in the throes of a global viral outbreak, helped to revive some degree of the bullish sentiment. The Dow Jones Industrial Average closed up 410 points, or 1.5%, at 27,583, the S&P 500 index finished the session up 1.6% at 3,352, powered by a 2.3% gain in financials and a 2.3% in the energy sector . The Nasdaq Composite Index , meanwhile, closed 1.9% higher at 11,117, retaking a psychological perch above 11,000. All closing numbers are on a preliminary basis. Shares of Citigroup and Morgan Stanley and Wells Fargo & Co. closed up 2.9% and 3.1%, and 3.5% respectively, helping to lead the charge higher for the economically sensitive banking sector, underscoring some bets for an improved economy by investors and efforts by investors to find value in beaten down sectors that have not enjoyed the run-up in stocks to the same degree as the highflying technology-related and work-from-home shares. Investors are also focused on the looming 2020 presidential election, with a debate between President Donald Trump and former Vice President Joe Biden set for Tuesday, which could also influence investment behavior in the short term. Last week, stocks took a hit amid rising concerns of a renewed spread of the novel strain of coronavirus that causes COVID-19. Markets got off to a strong start on Monday partly due to solid economic data out of China, which appeared to overshadow reports of fresh lockdowns and growing cases of COVID-19 in parts of Europe.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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In most cases, it's impossible to pinpoint how someone caught SARS-CoV-2, the coronavirus that causes Covid-19. It is too small to see with the naked eye, so its infectious journey can't be tracked from one person to another. That leaves scientists and health authorities gleaning the most likely transmission pathways from the available evidence and what's known about how other respiratory pathogens spread. Close personal contact with infected people via mouth and nose secretions was thought to b
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The regulator has a series of questions for the biotech's testing regime for INO-4800.
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Your retirement date isn't always a choice.
If that wasn't already obvious enough to older workers, the coronavirus has cleared things up.
SEE MORE 6 Ways the Pandemic Has Been a Dress Rehearsal for Retirement - and How You Can Take Advantage
As the pandemic drags on, more and more people are being nudged toward the finish line a little faster than they planned — either because their jobs have gone away or because they don't want to put their health at risk by showing up at their workplace every day.
Some had planned on retiring soon anyway, and this was going to be their last working year. Some were laid off and simply are not up for the process of looking for a new job. Others are self-employed and do not have the energy to start all over with a new business.
And what they all really want to know is: Am I prepared to retire during uncertain times?
The answer is maybe. But maybe not.
Hopefully, you have a solid plan in place and you can find a way to transition to that plan a little early without running into too much trouble. In my new book available on Amazon, "Wall Street and Your Retirement: What the Bulls and Bears Don't Want You to Know," I address the problems and potential solutions of retiring in uncertain times.
If you aren't sure where you stand, however, here are a few things to consider:
1. Know what your sources of income will be in retirement, and have a good i
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