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MarketWatchSep 23, 2020
NewsWatch: Dow ends 525 points lower as tech tumbles, stocks close near session lows
Major U.S. stock indexes close lower, sliding in the final hour of trade, as market participants struggled to shake off worries about a lack of a coronavirus aid package and rising COVID-19 cases.

KiplingerSep 23, 2020
Stock Market Today: Stocks Step Back Amid Economic Gloom
Stocks tumbled Wednesday, weighed down by some downbeat economic data and the stalemate in Congress over additional fiscal stimulus. On the economics front, a report from IHS Markit showed the recovery in U.S. business activity slowed last month, raising fears that the economy is decelerating as it approaches the end of the third quarter. Meanwhile, the impasse in D.C. over a second round of financial help for businesses and the unemployed continued to hurt investor sentiment. The blue-chip Dow Jones Industrial Average finished the session down 1.9%, or 525 points, at 26,763.

SEE MORE 13 Best Warren Buffett Growth Stocks Although stocks gave up early gains on Wednesday morning following disappointing business activity data, strategists noted that the landscape wasn't totally bereft of good news. "On the positive side, Nike posted strong fiscal first-quarter earnings, driven by more than 80% growth in digital sales," writes Argus Research. "Johnson & Johnson also announced the start of a Phase 3 trial of its single-dose coronavirus vaccine candidate."

Other action in the stock market today:

The Nasdaq Composite lost 3%.The S&P 500 fell 2.4% The small-cap Russell 2000 declined 2.9%. Tesla's (TSLA) long-awaited "Battery Day" landed with a thud. The electric vehicle company touted a cheaper, more efficient battery that would lower car prices, but ultimately the Street responded by selling the news. "Tesla's battery day was long on vision and boldness, but short on specifics and near term deliverables," wrote Bernstein Research. Shares in


Yahoo BusinessSep 23, 2020
Johnson & Johnson CSO on COVID-19 vaccine: ‘We won't have it by October — maybe by the end of the year'
Johnson & Johnson Chief Scientific Officer Paul Stoffels joins Yahoo Finance's Zack Guzman and Anjalee Khemlani to discuss the latest on a possible coronavirus vaccine, as Johnson & Johnson begins trials of its one-shot vaccine.


FT.com - USSep 23, 2020
Coronavirus latest: UK daily new cases rise past 6,000
Out of 300 candidates, nine are in phase 3 trials, with some hoping for emergency use approval this year

Wall Street Journal US BusinessSep 23, 2020
Fed Officials Step Up Calls for More Government Spending to Speed Economic Recovery
Fed officials say additional fiscal stimulus is needed to avoid an uneven and protracted recovery from the coronavirus pandemic.

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Fed's Quarles says he is optimistic about outlook for U.S. economy (MarketWatch MarketPulse)

CNBC BusinessSep 23, 2020
'You are not listening,' Fauci tells Sen. Rand Paul during a Senate hearing on the coronavirus
Dr. Anthony Fauci pushed back against Republican Sen. Rand Paul's claim that New York has overcome the pandemic because it achieved herd immunity.

MarketWatchSep 23, 2020
Market Snapshot: Dow ends 525 points lower as tech tumbles, stocks close near session lows
Major U.S. stock indexes close lower, sliding in the final hour of trade, as market participants struggled to shake off worries about a lack of a coronavirus aid package and rising COVID-19 cases.

Chicago Tribune Business NewsSep 23, 2020
Cook County plans to give out grants of up to $10,000 to small businesses hit hard by pandemic
Small business owners in suburban Cook County who saw their revenue evaporate during the coronavirus pandemic could get up to $10,000 in grants by the end of the year, Cook County Board President Toni Preckwinkle announced Wednesday.

CNBC FinanceSep 23, 2020
Dow closes more than 500 points lower as tech pressure mounts, Apple slides 4%
Stocks fell sharply as tech shares took another leg lower and investors fretted over uncertainty around the coronavirus pandemic and further stimulus.

MarketWatchSep 22, 2020
Election: Here's how key swing states are leaning in the presidential race — and how they're weathering the recession
As a few battleground states look on track to decide the 2020 White House race, it's worth looking at how their economies are faring during the coronavirus recession.
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