Stock market tumbles as GameStop surge dominates week
U.S. stocks fall with the S&P 500 down 1.9 percent and the Dow and Nasdaq each slipping 2 percent. GameStop jumps nearly 70 percent amid trading restrictions and ongoing hedge fund losses. Regulators face calls for action as volatility reshapes market sentiment and weekly performance ends with losses.
MENTIONED IN THIS ARTICLE
U.S
GameStop
Wall Street
Robinhood
Tom Hamlin
U.S. Bank Wealth Management
Capitol Hill
Securities and Exchange Commission
Megan Horneman
Verdence Capital Advisors
AmrenBalAm
FdmdlInvsAm
Grfamrca m
Incamrca m
Inccamrca
Nwprspctva
Wamtinvsa m
Dodge & Cox Inc
Dodge & Cox IntlSik
Dodge & Cox Sik
Fidelity
Fidelity Contrafund
Fidelity GroCp
Metropolitan West
Pimco Inclastr
Pimco TtlRetIns
Schwab Sp500idx
T. Rowe Price Bcgr
Vanguard
Vanguard GridxAdmrl
Vanguard Hcadmrl
Vanguard Intiteadmrl
Vanguard Insidxins
Vanguard InsidxinsPlus
Vanguard IntlGrAdmrl
Vanguard PrmCpAdmrl
Doe
SEC
Associated P Cial
Biden warns of growing cost of delay on 1.9T aid plan
President Biden warns of the escalating cost of inaction on a 1.9 trillion COVID relief package as he seeks public support. He argues the plan could avert damage to the economy while facing Republican resistance and a looming impeachment trial distracts lawmakers.
MENTIONED IN THIS ARTICLE
Biden
Washington
Joe Biden
COVID
White House
Senate
Congress
Treasury
Janet Yellen
Oval Office
Capitol Hill
Republicans Pivot To Trump After Condemnation
After labeling Trump culpable for the Capitol attack two weeks earlier, House Republicans seek his help to win back the House and Senate in 2022. A Mar-a-Lago meeting signaled a rapid realignment as GOP leaders pledge to work with Trump despite his reduced prominence.
MENTIONED IN THIS ARTICLE
House
Kevin McCarthy
Donald Trump
U.S
Trump
Mar-a-Lago
Senate
United
McCarthy
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the Market IN Review
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