Traders eyed retail earnings and China's stimulus buzz
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| | | 3/05/2019 | |
In the new tax reform bill, Congress quietly gave 121 million eligible Americans the chance to collect on "consumer bonuses" that max out at $3,700 for some people. This is available every year until 2025. And there are no income requirements to collect. Full details here...  |  | |
| Stocks Settle Choppy Session Down | | By Karee Venema | | It was a relatively quiet day on Wall Street following Monday's volatile session, with the Dow exploring a 145-point range on both sides of breakeven. In addition to a fresh batch of retail earnings -- including a positive reaction to Target's (TGT) quarterly results -- traders also digested an economic growth warning and new round of stimulus measures from China, as well as late-day reports that Food and Drug Administration (FDA) Commissioner Scott Gottlieb is resigning. By the close, the Dow and Nasdaq were modestly lower, while the S&P 500 settled below 2,800 for a second straight day. Continue reading for more on today's market, including: | | >> Continue reading... | |
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