Author: Jessica Menton, USA TODAY

Dow futures fell as much as 400 points before recovering Monday evening after White House trade adviser Peter Navarro said the trade accord with China was “over” but then clarified comments.

U.S. stocks finished higher Monday after a wobbly start to the week, driven by highflying technology companies as investors shook off concerns over new coronavirus infections worldwide.

Some Chase branches temporarily closed in Chicago after protesters demanded the bank boost its lending programs to African American neighborhoods.

U.S. stocks rallied Tuesday after retail sales rebounded in May, rising to a record as businesses that were battered by the coronavirus pandemic started to reopen.

Stocks clawed back gains Monday, erasing early losses after the Federal Reserve signaled it would further support financial markets in the wake of the coronavirus pandemic.

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Stocks capped the week with sharp gains after record-setting job creation in May gave investors further hope that the worst of the coronavirus pandemic is over and the economy is beginning to recover.

Wells Fargo is not making auto loans to most independent car dealerships, a sign the bank is concerned about defaults in the wake of the pandemic.

It could take a decade for the U.S. economy to fully recover from the lingering effects of coronavirus, the Congressional Budget Office said Monday.

With Americans growing more cautious about their spending habits in the wake of layoffs and pay cuts, experts caution that small businesses should brace for a rise in “friendly fraud.”