... [+]The stock market closed lower on Friday, cutting into some of its gains from the previous three days in yet another volatile week of trading—but Wall Street also cheered the news that Congress had passed the largest stimulus bill in American history to stem the economic fallout from coronavirus.
The largest economic relief package in American history, the bill has been under negotiation since last week, twice failing to make it out of the Senate before it was eventually green lighted on Wednesday in a unanimous 96-0 vote.
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BlackRock's Rieder says bond market volatility has peaked and stocks may have hit bottomBlackRock's Rick Rieder says bond market volatility appears to have peaked and he doesn't think the S&P 500 will fall below 2,300. FOOL Bottomless How many US deaths are 'priced in'? 100k? 1M?
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Bank stocks have fallen to 'crazy' levels, buy these four, top analyst Mike Mayo saysFor subscribers: Bank stocks have fallen to 'crazy' levels, buy these four, top analyst Mike Mayo says. Check out CNBCPro and get your first 30 days free.
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