Stocks rebound as housing data lift mood on Wall Street
Major indices firmed Monday led by Boeing and Apple as the S&P 500 rose 1.5 percent, the Dow gained 580 points and the Nasdaq added over 116. The rally came as a stronger than expected housing report suggested demand returning while virus worries and policy support dominated commentary from Powell and Mnuchin.
MENTIONED IN THIS ARTICLE
Wall Street
Boeing
Apple
U.S
Mark Litterman
Wells Fargo Investment Institute
Powell
Mnuchin
Congress
California
Texas
Florida
Trump
Litterman
Social media faces a reckoning over hate speech
With four months to the U.S. presidential election, platforms tighten rules against hate and violence as advertisers join a July boycott. Reddit banned a pro Trump forum, Twitch suspended Trump’s campaign, YouTube banned white nationalist figures, while brands pause ads across Facebook and Twitter. AMC delays reopening by two weeks to July 30.
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U.S
Reddit
Donald Trump
Twitch
Amazon
Trump
YouTube
Stefan Molyneux
David Duke
Richard Spencer
Facebook
Unilever
Verizon
Ford
Twitter
AMC plans July reopen for cinemas amid delayed releases
AMC executives say theaters across the United States will reopen by early August with enhanced safety measures as Disney and Warner delay Mulan and Tenet to August. Broadway extends shutdown to January with refunds. Nissan chief pledges pay cut after 671.2 billion yen annual loss amid Covid sales slump.
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Disney
Warner Bros
AMC
Adam Aron
U.S
Aron
Andrew Cuomo
New York
Nissan Motor Co
Star
Carlos Ghosn
Nissan
Yokohama
Japan
Ghosn
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