Related Articles
Wall Street closes higher as momentum stocks push S&P 500, Nasdaq to new highs
NEW YORK (Reuters) – U.S. stocks surged on Wednesday, pushing the S&P 500 to its fourth straight record closing high, as investors stayed focused on large-cap momentum stocks that have outperformed since the onset of the coronavirus pandemic. The Nasdaq also set an all-time closing high, its 39th year-to-date, compared with a total of 31 […]
Colorado Republican Sen. Kevin Priola switches party to Democrat
Colorado Sen. Kevin Priola, a Henderson Republican, announced Monday morning that he is changing his party affiliation to Democrat. Priola, considered a more moderate Republican in the statehouse, said he believed the Jan. 6 insurrection at the U.S. Capitol would make the Republican Party distance itself from Donald Trump and “the political environment he created.” […]
Exclusive: J.C. Penney explores bankruptcy as hopes for recovery fade – sources
By Mike Spector NEW YORK (Reuters) – J.C. Penney Co Inc is exploring filing for bankruptcy protection after the coronavirus pandemic forced the U.S. retailer to temporarily shut its 850 department stores, upending its turnaround plans, according to people familiar with the matter. The Plano, Texas-based company has access to enough cash to survive in […]