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Stocks

“These 19 Big Stocks Raise Their Dividends Despite Coronavirus”

May 4, 2020

“Nineteen S&P 500 companies upped their dividends during April, including materials company Newmont (NEM), consumer staples firm Costco Wholesale (COST) and information technology giant Apple (AAPL), says S&P Dow Jones Indices. The average dividend hike by these companies is 8.4%. Boosting a dividend might be the… Continue Reading…

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Stocks

“Dow drops 100 points to end April after more dismal economic data”

April 30, 2020

“…The Dow Jones Industrial Average traded 134 points, or 0.5%. The S&P 500 slid 0.4%. The Nasdaq Composite rose marginally. Earlier in the session, the Dow dropped more than 300 points. A 3.8% jump in Boeing shares helped the Dow claw back some of its earlier… Continue Reading…

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Economy, Stocks

“Stocks rise on hope of economy reopening”

April 28, 2020

“The Dow Jones Industrial Average climbed 230 points, putting the blue-chip average on track for five consecutive days of gains. The Standard & Poor’s 500 rose 1%, on pace for its first three-day winning streak in a month. Both averages… Continue Reading…

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Stocks

“Goldman Says Narrow Breadth in S&P 500 a Bad Sign for Stocks”

April 27, 2020

“The narrowing group of winners in the S&P 500 doesn’t bode well for the future performance of U.S. stocks, according to Goldman Sachs Group Inc. The U.S. benchmark is around 17% below its February record, but the median stock trades… Continue Reading…

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Economy

Oil: “…crude’s spectacular plunge below $0 a barrel”

April 23, 2020

“The formerly unthinkable drop in oil prices below $0 a barrel on Monday is still reverberating through financial markets, as supply overwhelms demand destroyed by the coronavirus pandemic, forcing some energy companies into possible bankruptcy as storage reaches maximum capacity.… Continue Reading…

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Economy

“Eurozone economy suffers ‘unprecedented’ collapse”

April 23, 2020

“The eurozone economy is suffering an “unprecedented” collapse according to a PMI index released Thursday by analysis firm IHS Markit… Manufacturing also saw a record fall however, because of staff and material shortages and severe supply chain disruptions. Employment plummeted… Continue Reading…

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Stocks

Stocks: Oil plummets

April 20, 2020

“Stock fell Monday, tracking declines in oil prices as concerns over weak energy demand in an oversupplied market built up even further. The May contract for U.S. West Texas intermediate crude oil (CL=F), which expires on Tuesday, dropped 40.78% to… Continue Reading…

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Investing, Stocks

“‘Fast Money’ Traders Share Their Thoughts On Retail, Cruise And Casino Stocks”

April 10, 2020

“On CNBC’s “Fast Money,” Tim Seymour said Macy’s Inc (NYSE: M) was priced as if it’s going out of business, but he doesn’t think that’s going to happen. He added there are very real assets there… Steve Grasso said there is a reason to take… Continue Reading…

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Stocks

“Jim Cramer predicts ‘U’ shape recovery, says economy ‘will bounce back gradually’”

April 8, 2020

“CNBC’s Jim Cramer on Tuesday suggested investors take advantage of the recent market upside to sell some stock and build up some cash for the next dip… A V-shaped recovery happens when a quick decline in economic activity is met by an… Continue Reading…

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Stocks

“…Stocks extend gains, Dow adds 700+ points”

April 7, 2020

“10:38 a.m. ET: Stocks pare some gains Stocks eased up after surging at market open. Each of the three major indices, however, was still up at least 1%. Gains in the S&P 500 were led by the Energy sector, up… Continue Reading…

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