Stocks post first losses of August


A trader walks by the New York Stock Exchange (NYSE) on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City.

Spencer Platt | Getty Images

Dow Jones Industrial Average rises 46 points

The Dow rose 46.5 points, or 0.2%, to close at  27,433.48. The S&P 500 was up slightly to 3351.28. The Nasdaq Composite dropped 0.9% to close at 11,010.98. The Dow and S&P 500 eked out their sixth straight gains as a strong jobs report outweighed U.S.-China tensions and concerns about a new fiscal stimulus

Read More

New York Gov. Cuomo says all school districts across state are authorized to reopen


Fake morgue bags and coffins are seen near the entrance of United Federation of Teachers as symbol of students dead by the coronavirus disease (COVID-19) as people take part in a march and rally during the National Day of Resistance to schools re-opening in New York City, U.S., August 3, 2020.

Eduardo Munoz | Reuters

New York Gov. Andrew Cuomo announced Friday that all school districts across the state have been authorized to reopen for the fall semester, including New York City, with individual school districts awaiting approval from the health department on their plans to keep children and staff

Read More

‘There’s no question that the virus is surging’


A pedestrian wearing a protective mask passes in front of a vacant storefront displaying graffiti that reads “Unmask Maui” in Paia, Maui County, Hawaii, U.S., on Saturday, Aug. 1, 2020.

Mia Shimabuku | Bloomberg | Getty Images

Hawaii Gov. David Ige will reinstate restrictions to curb the spread of the coronavirus as cases in the state continue to climb and state health officials predict more deaths and hospitalizations in the weeks to come. 

“There is no question that the virus is surging in our state, and I know that many are worried about their health,” Ige said at a press

Read More

Dr. Fauci says chance of it being highly effective is not great


Director of the National Institute for Allergy and Infectious Diseases Dr. Anthony Fauci testifies before the US Senate Health, Education, Labor, and Pensions Committee hearing to examine COVID-19, “focusing on lessons learned to prepare for the next pandemic”, on Capitol Hill in Washington, DC on June 23, 2020.

Kevin Dietsch | Pool | AFP | Getty Images

White House coronavirus advisor Dr. Anthony Fauci said Friday that the chances of scientists creating a highly effective vaccine — one that provides 98% or more guaranteed protection — for the virus are slim.

Scientists are hoping for a coronavirus vaccine that is

Read More