Tech stocks lead losses as market trims weekly peak
The stock market ended its worst week in over two months with the S&P 500 down 0.8 percent to 3,426.96 and the Dow off 159 points as tech shares slide. Traders cited profit taking after strong tech gains and a Labor Day holiday weekend approaching, with volatility rising but safe-haven buying limited.
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Associated Press
Labor Day weekend fuels fears of a Covid surge
Health officials warn that Labor Day gatherings could spark a new wave as schools reopen and flu season nears. Dr. Fauci urges continued vigilance while IHME projects a peak around December with thousands of daily deaths absent decisive action. Families plan trips, noting cautious behavior and travel quarantines.
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Hartford
Conn
Anthony Fauci
Institute For Health Metrics and Evaluation
University of Washington
U.S
South
West
Hyundai Kia recall urges outdoor parking for 600000 U.S. vehicles
Hyundai and Kia recall over 600000 vehicles in the United States and Canada to fix brake fluid leaks that could cause electrical shorts and fires. Hyundai now says Santa Fe SUVs from 2013 to 2015 should be parked outside until repairs. Kia models affected include Optima 2013-2015 and Sorento 2014-2015. Start dates set for Oct 23 and Oct 15 respectively. no injuries reported. Dealers will inspect and replace leaks at no cost.
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