Vildana Hajric and Sarah Ponczek

Government, Business

Market Gets Harsh Reminder That COVID Is Its Elemental Risk

A public health worker walks to a tent to administer a COVID-19 test in California. A public health worker walks to a tent to administer a COVID-19 test in Martinez, Calif., on Aug. 4. (David Paul Morris/Bloomberg News)

In 24 hours, investors have learned the jobless rate dropped, Tesla Inc. built more cars than forecast and that someone is back making huge options trades in tech megacaps. None of it mattered in markets captivated by news that not even the White House is safe from COVID-19.

October 2, 2020
Business, Fuel

Stocks Gain as Oil Extends Rally for Fourth Day

Oil tankers are seen anchored in the Pacific Ocean above Long Beach, Calif., on May 1. Oil tankers are seen anchored in the Pacific Ocean above Long Beach, Calif., on May 1. (Patrick T. Fallon/Bloomberg News)

U.S. stocks kicked off the week on a positive note, rallying late in the session to close higher as crude oil gained for a fourth consecutive day.

May 4, 2020