Stocks skid as China Virus fears shake markets; Dow falls 2.1%

NEW YORK (AP) — Resurgent pandemic worries knocked stocks lower from Wall Street to Tokyo on Monday, fueled by fears that a faster-spreading variant of the China Virus may upend the economy’s strong recovery. The S&P 500 fell 68.67, or 1.6%, to 4,258.49, after setting a record just a week earlier. In another sign of […]

World politicians use Washington chaos as political tool against President Trump, conservatives, while real world – in form of financial markets – shows lack of care

World politicians use Washington chaos as political tool against President Trump, conservatives, while real world – in form of financial markets – shows lack of care

The Golden Hammer Staff Reports Washington, D.C., Austin, Conroe, January 8 – While politicians have conveniently attempted to label President Donald Trump and his conservative supporters as “insurrectionists,” “racists,” or “revolutionaries” for the small number of out-of-control protesters who stormed the United States Capitol on Wednesday, January 6, 2021, the real world has viewed the […]

S&P 500, other financial markets up on strong trading

NEW YORK (AP) — Wall Street’s big rally keeps rolling, and the S&P 500 rose for a fourth straight day Wednesday to sit just 1.7% below its record. The S&P 500 climbed 21.26 points, or 0.6%, to 3,327.77, echoing gains for stocks across Europe and Asia. If the U.S. market has just a few more […]

US-Mexico-Canada border restrictions extended; United Airlines grim

Houston and New York (AP) – The outbreak of the coronavirus and the extreme government reaction in the form of mandatory closures (of questionable constitutional validity) have dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the global economy, the work place and the spread of the virus. […]

Asian shares extend losses after Dow drops more than 1,000

Tokyo (AP), February 25 – Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy. Japan’s Nikkei 225 index lost 3%, […]

S&P 500, Dow industrials and Nasdaq close at record highs

NEW YORK (AP and The Golden Hammer) — When Texas State Senator Brandon Creighton, Republican of Conroe, remarked on Monday, July 1, 2019, that “the Republican Party is the Party of Prosperity,” he was right on the mark. Since the Presidency of Donald Trump began in 2017, unemployment is at record lows. African-American, Hispanic, and […]

Asian shares mostly higher after US stocks surge on earnings

TOKYO (AP) — Asian shares were mostly higher Friday, cheered by a jump on Wall Street as strong earnings reports from market bellwethers like Microsoft and Comcast gave a confidence boost to investors shaken by the recent wave of selling. KEEPING SCORE: Japan’s benchmark Nikkei 225 gained 0.5 percent to 21,383.73 in early trading. Australia’s […]

Markets cautious ahead of Fed announcement 

WASHINGTON (AP) — The Latest on the Federal Reserve’s monetary policy meeting (all times local): 6:00 a.m. Trading in stock markets is cautious and the dollar is slightly weaker as investors look ahead to an expected interest rate increase by the Federal Reserve. Because the increase is widely expected, a key point of focus will […]