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MarketWatch MarketPulseSep 21, 2020
Stocks tumble, but close off earlier lows
U.S. stocks swooned Monday, extending a sell-off that's lasted throughout September, as coronavirus case counts surged around the world and Washington negotiators remained far apart on extending fiscal stimulus, funding the government, and more. The Dow Jones Industrial Average slid about 511 points, 1.9%, to close near 27,147, while the S&P 500 ended about 38 points, 1.2%, lower, near 3,281. The Nasdaq Composite index edged down 14 points, according to preliminary numbers, down 0.1% to close near 10,779, with technology stocks the only sector in the black Monday. All three indexes had been sharply lower in midday trade, cut early losses nearly in half in the afternoon. Luxury homebuilder Toll Brothers Inc. jumped nearly 5% after the company released a rosy mid-quarter update. But "re-opening" strategies like airlines took a hit: shares of Delta Airlines Inc. were down more than 9%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

These 2 Penny Stocks Could Rally All the Way to $11, Says Cantor (Yahoo Business)

Yahoo BusinessSep 21, 2020
Stock market news live updates: Stock futures slip after volatile session
Stock futures were mixed Monday evening on the heels of another sharply negative day for US equities. The S&P 500 closed out the regular session lower for a fourth straight day, marking its longest losing streak since February.

MarketWatchSep 21, 2020
Market Snapshot: Dow ends more than 500 points lower but S&P 500 avoids correction in wild Wall Street session
U.S. stocks suffer a sharp selloff on Wednesday but avoid a much uglier loss for the main benchmarks, as investors contend with the COVID-19 trajectory in Europe and a lack of progress toward another round of fiscal stimulus out of Washington.

Stock market battered: S&P 500, Dow Jones and Nasdaq all close Monday broadly lower (USA Today Money)

KiplingerSep 21, 2020
Stock Market Today: Bulls Retreat in Face of Growing Political, Health Risks
A host of new concerns dragged the major indices lower to start the week and put the S&P 500 closer to an official correction after weeks of declines.

Supreme Court Justice Ruth Bader Ginsburg passed away late Friday, throwing even more turmoil into 2020's political landscape as elected officials and Americans argue over the process of nominating an RBG replacement who might drastically shift the balance of the Supreme Court.

SEE MORE Hedge Funds' 25 Top Blue-Chip Stocks to Buy Now And across the pond, several European nations are considering new restrictions to fight off what appears to be a second wave of COVID-19 outbreaks, spurring concerns about a similar fate in the U.S.

The S&P 500 dropped 1.2% to 3,281, putting it less than 2% away from correction territory (a decline of 10% or more from a peak) and putting it in danger of absorbing its worst September performance since sliding 11% in 2002.

While most of the major indices finished well off their lows, the Nasdaq Composite rebounded sharply and finished with a much more modest 0.1% decline to 10,778. Apple (AAPL, 3.0%) and Microsoft (MSFT, 1.1%) both finished well in the black.

"Investors should take a binary approach to the market at this point," says Marc Chaikin, founder of Chaikin Analytics, a quantitative investment research firm, based in Philadelphia. "Remain bullish but raise some cash as technology stocks bounce in the near-term. Look for opportunities to redeploy that cash as this short-term pullback plays out over the next 2-4 weeks."

"Buying the d

MarketWatchSep 21, 2020
Futures Movers: Oil prices down 4% on expectations for return of Libyan crude production, global stock-market selloff
Oil futures drop Monday, sending U.S. prices down by more than 4%, on expectations Libyan crude will soon return to the market, while worries over a rise in European COVID-19 cases and a global equity market selloff added to the negative tone.

MarketWatch MarketPulseSep 21, 2020
U.S. airline stocks plunge on renewed lockdown fears
Shares of major U.S. airlines tumbled Monday, with Delta Air Lines Inc. shares the worst hit and off nearly 9%. Airlines have been battling renewed fears of more lockdowns, especially in the U.K., and the looming expiration of U.S. government aid to protect airline jobs. Shares of JetBlue Airways Corp. and shares of United Airlines Holdings Inc. each fell around 8%. Southwest Airlines Co. stock fared better, down less than 6%. Earlier Monday, a joint report commissioned by industry groups and companies said that the all-but-closed air bridge between the U.S. and the U.K. will cost the U.K. economyabout $41 million a day by the beginning of October.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

Yahoo BusinessSep 21, 2020
Nikola's Trevor Milton steps down amid fraud claims, tech stocks extend several weeks' worth of declines
Yahoo Finance's Emily McCormick joins Yahoo Finance's The First Trade with Alexis Christoforous and Brian Sozzi to discuss what's weighing on the markets on Monday morning.

MarketWatch MarketPulseSep 21, 2020
: Synchronoss stock falls following CEO departure
Synchronoss Technologies, Inc.  SNCR shares fell in the extended session Monday after the cloud services company said its chief executive resigned following allegations he violated the company's code of conduct. Synchronoss shares fell 12% after hours, following a 1.3% decline in the regular session to close at $3.68. The company said CEO Glenn Lurie resigned as the board reviews "allegations of personal misconduct." Chief Commercial Officer Jeff Miller was appointed interim CEO while the board conducts and executive search.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

MarketWatch MarketPulseSep 21, 2020
U.S. oil futures drop over 4% as market braces for return of Libyan output
Oil futures settled lower Monday, with U.S. prices down by more than 4%, as the market braced for the return of crude output from Libya following reports that Libyan military commander Khalifa Haftar will lift an eight-month blockage of crude exports that had shut nearly all of the country's production. Concerns over the possibility of more COVID-19 shutdowns and weaker energy demand also weighed on prices. October West Texas Intermediate oil fell $1.80, or 4.4%, to settle at $39.31 a barrel on the New York Mercantile Exchange.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

MarketWatch Breaking NewsSep 21, 2020
Monday's selloff is setting up stocks for their worst September in 18 years
Monday's selloff is setting up stocks for their worst September in 18 years
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