Citi strategist fears stock-market pullback may emerge in September despite no obvious catalyst

As earnings grow, so do stock prices. That pretty obvious insight is borne out in this chart showing how, with a three-quarter lag, corporate earnings have more or less tracked…

Dow sinks 800 points as new COVID variant fans lockdown fears

U.S. stocks plunged on Friday, with global markets rattled by a new coronavirus variant discovered in South Africa, which fanned concerns that new growth-crushing lockdowns could be imposed if the…