Stocks Rally After Super Tuesday Virus Relief Boost
Dow Jones jumps more than 1100 points as governments and central banks step up virus relief. Biden gains momentum as markets cling to rate cuts and a bipartisan 8.3 billion outbreak bill. Investors weigh Fed moves, zero lower bound actions, and global rate cuts amid the virus-driven earnings drag.
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Supreme Court weighs abortion case with new conservative justices
The Supreme Court heard the Louisiana admitting privileges case amid cautious questions on impact for women and clinics. Justices Roberts and Kavanaugh suggested precedent may not bind, noting case-specific factors and potential varying outcomes by state. Aileen Rikelman argued the rule lacks medical benefits and could shrink Louisiana to one physician serving 10,000 people yearly.
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Roberts rebukes Schumer remarks over court threats
Chief Justice John G. Roberts Jr. condemned Senate Minority Leader Schumer for threatening language toward Justices Gorsuch and Kavanaugh during a rally outside the Supreme Court amid a major abortion case. President Trump echoed concerns on social media as the dispute over judicial independence sparked rapid reactions from lawmakers and commentators.
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Hyundai joins Kia with 207000 Sonata recall over fuel hose cracks
Hyundai said it is recalling nearly 207,000 Sonata sedans from 2013 and 2014 because a hose linking fuel pumps can crack and leak fuel, posing a fire risk. Toyota adds 1.2 million vehicles to a U.S. recall for possible fuel pump failures, bringing total to 1.8 million. January recall was about 700,000. Engine stalling may increase crash risk.
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U.S
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