Tag: September

Sheriff’s sale for Galleria mall in Johnstown pushed back again, this time to September

Jun. 10—The Johnstown Galleria was scratched from the list of properties scheduled for a Cambria County sheriff’s sale on Friday.

The sale of the mall has been continued multiple times since December. It’s now slated for the Sept. 10 sale, Cambria County Sheriff’s Office staff said.

The mall went into foreclosure in early 2020, and has since been operated by a court-appointed receiver, Spinoso Real Estate Group.

Spinoso, based in Syracuse, N.Y., will continue to manage the mall until it is sold.

Reached by phone Wednesday, Spinoso representatives had “no comment” when asked whether the company had a time frame

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Stock Market News for Sep 22, 2020 – September 22, 2020

Concerns about spike in coronavirus cases raised possibilities of new lockdown measures in Europe, and a lack of progress towards another round of fiscal stimulus in America led to sharp sell-off on Monday. Major benchmarks closed in the negative territory with the S&P 500 posting its fourth straight daily loss for the first time since February.

The Dow Jones Industrial Average (DJI) fell 509.72 points, or 1.8{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a}, to close at 27,147.70 and the S&P 500 slid 38.41 points, or 1.2{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a} to close at 3,281.06. The Nasdaq Composite Index closed at 10,778.80, shedding 14.48 points, or 0.1{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a}. The fear-gauge CBOE Volatility

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Stock Market News for Sep 24, 2020 – September 24, 2020

Lawmakers’ struggle to introduce an additional stimulus package and fresh spike in coronavirus infection dragged major indexes down on Wednesday.

The Dow Jones Industrial Average (DJI) fell 525.05 points, or 1.9{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a}, to close at 26,763.13 and the S&P 500 closed 78.65 points, or 2.4{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a} lower at 3,236.92. The Nasdaq Composite Index closed at 10,632.99, shedding 330.65 points, or 3{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a}. The fear-gauge CBOE Volatility Index (VIX) increased 6.4{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a}, to close at 28.58. Declining issues outnumbered advancing ones for 7.80-to-1 ratio on the NYSE and a 5.95-to-1 ratio on the Nasdaq favored decliners.

How Did the Benchmarks Perform?

The S&P 500 is

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Stock Market News for Sep 21, 2020 – September 21, 2020

Benchmarks closed in the red on Friday as investors continued to dump technology shares for the third straight day. Uncertainties revolving around a fresh round of fiscal stimulus, dull economic recovery, and geopolitical tensions pushed major indexes to post a third straight weekly decline.

The Dow Jones Industrial Average (DJI) slid 244.56 points or 0.9{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a}, to close at 27,657.42 and the S&P 500 fell 37.54 points, or 1.1{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a} to close at 3,319.47. The Nasdaq Composite Index closed at 10,793.28, shedding 116.99 points, 1.1{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a}. The fear-gauge CBOE Volatility Index (VIX) decreased 2.4{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a}, to close at 25.83. Declining issues outnumbered advancing ones

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Stock Market News for Sep 18, 2020 – September 18, 2020

U.S. stock markets closed lower on Thursday as technology sector selloff continued. Fed’s ultra-dovish monetary stance has failed to boost investors’ confidence. Moreover, delay in second round of fiscal stimulus, conflicting news on COVID-19 treatments and weak economic data dented market participants morale. All the three major stock indexes ended in negative territory.

How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) dropped 0.4{964f9ed1dd3881c79743812c3f28effde5b9271ba8701ca882984cc44c5cc62a} or 130.40 points to close at 27,901.98, reversing its fourth positive session in a row. Notably, 13 components of the 30-stock index ended in the green while 17 finished in red. The blue-chip index

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