(Bloomberg) -- U.S. stocks fell for the first time in four days as worrying increases in coronavirus cases overtook optimism about stimulus measures. Treasury note yields fell and the dollar was little changed.The benchmark S&P 500 Index swung between gains and losses for most of Wednesday before turning red late, with the energy, real estate and financial sectors leading the declines. Apple and Microsoft helped the Nasdaq Composite close positive. Infections increased from China to Brazil and Iran warned it may need a new lockdown. Texas reported a surge in hospitalizations.“The market is searching for a new catalyst,” said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. “The narrative around policy stimulus and better economic data seems to be losing its sway.”While volume was 20% below the 30-day average Wednesday, trading has been volatile for the past two weeks. After rising to a 12-week high on June 8,...
Driving data collated by Samsara shows that while long haul transportation and food and beverage sectors have essentially reached pre-COVID-19 commercial driving activity, other industries, like transit, education, and oil and gas are far from recovery. ...
ETF.com Managing Editor Cinthia Murphy joins Yahoo Finance's Melody Hahm to break down the retail ETFs to watch after May retail sales increased a seasonally adjusted 17.7%....
