Oppenheimer Asset Management's John Stoltzfus believes traders, short-term and nervous investors will drive weakness over the next six months. But he expects the bull market to prevail.
Indoor businesses required to close include restaurants, wineries and tasting rooms, movie theaters, family entertainment centers, zoos, museums and cardrooms, Gov. Gavin Newsom said.
The Federal Reserve on Wednesday released the minutes from its June 9-10 meeting, during which it held interest rates steady and said it expects loose policy to prevail until the economy gets back to normal.
"It isn't too late to turn it around. It isn't too late to get the infrastructure in place, to work on that and to use it appropriately," Dr. Maria Van Kerkhove, head of the WHO's emerging diseases and zoonosis unit, said.
Hong Kong's status as a world financial hub looks to be under threat. Beijing has expedited a new national security law, which some experts warn has the potential to erode the very structure that grants the region major privileges on the international stage.
Increased uncertainty in the jobs market, caused by the economic downturn from the coronavirus pandemic, makes re-entering education to boost your employment opportunities all the more appealing.
An experimental Covid-19 vaccine being developed by the drug giant Pfizer and the biotech firm BioNTech spurred immune responses in healthy patients, but also caused fever and other side effects, especially at higher doses, STAT News reports.
Apple has reportedly stopped updating tens of thousands of mobile games on the China App Store after coming under pressure from the Chinese government to comply with local rules.