U.S. stocks tumbled into the close Wednesday, reversing earlier gains, even as investors focused on a sharp rebound in oil prices, slightly lower Treasury yields and a brighter outlook for the economy.
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RH Inc., formerly known as Restoration Hardware, on Tuesday reported financial results that reflected robust demand for its luxury products.
A $15 minimum wage would be even better for improving public health.
Gig workers are set to see a tax-related change due to Democrats' $1.9 trillion COVID-19 aid package.
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Gold prices settle higher Wednesday to notch their first gain in three sessions, supported by some safe-haven buying, amid developments in Europe that suggest a longer lockdown period due to a renewed spread of COVID-19.
The European Commission has proposed stricter controls on COVID-19 vaccine exports to the U.K. and other countries with better vaccination rates.
