“The bottom line is we cannot afford a second shutdown. We need smarter public policy.”
Author: Shaun Cox
The Nasdaq closed over 10,000 for the first time ever, and the Fed signaled it would continue to support the economy in any way possible.
The Snowflake IPO comes on the heels of a number of successful new tech offerings that have been in high demand among public investors.
The benchmark S&P 500 is about 5.5% below its record high, also set on Feb. 19, after falling a bit Tuesday.
The stock market’s upward movement over the past week comes against the backdrop of major social unrest, mass protests and even some looting sweeping across the country after another unarmed African-American man was killed in the street in police custody.
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