NewsWatch: Stock market’s 7% pullback? Get ready for more, as a 2009-style ‘stair-step’ rally continues, says Wall Street bull
MARKETWATCH FRONT PAGE
The S&P 500’s 7% pullback over six trading days was likely the first of many as the stock market follows the “stair-step” playbook from 2009, says Canaccord’s Tony Dwyer. See full story.
There’s $ 120 billion worth of commercial property debt threatened by West Coast fires
Wildfires scorching a path across California, Oregon and Washington threatened billions worth of commercial properties with debt bundled into commercial mortgage-backed securities, according to BofA Global. See full story.
Biden’s 401(k) plan: Changing tax incentive for retirement saving is a great idea
But closing the coverage gap is the real way to increase saving See full story.
Nvidia’s deal with Arm paves the path to a trillion-dollar market value
Nvidia will effectively enter the smartphone business and be able to create artificial-intelligence technology at scale. See full story.
Here’s what you need to know about clinical trials as drug makers push forward with coronavirus vaccine studies
Whether you’re new to investing in pharmaceutical or biotechnology companies or simply paying close attention to the race to develop a COVID-19 vaccine, here’s what you need to know to understand how clinical trials work. See full story.
MARKETWATCH PERSONAL FINANCE
The danger is letting a scarcity mentality lure you into overspending, or settling on a house that you’ll regret later See full story.
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