December 30, 2020
“The Dow Jones Industrial Average gained 73.89 points, or 0.2%, to 30,409.56. The 30-stock average eked out a record closing high. The S&P 500 climbed 0.1% to 3,732.04, and the Nasdaq Composite advanced 0.2% to close at 12,870. Wednesday marked the fourth positive session in five… Continue Reading…
December 17, 2020
“Stocks rose Thursday morning, with stimulus talks in Washington still at the center of investors’ attention. The Dow rose about 150 points, or 0.5%, while the S&P 500 and Nasdaq were each up at least 0.6% and touched record intraday… Continue Reading…
November 24, 2020
“The Dow Jones Industrial Average briefly jumped 400 points… Nio and Tesla stock again raced to record highs, but Nio reversed sharply lower in morning trade. Best Buy tumbled after reporting earnings ahead of the stock market open.Volume 0% Among… Continue Reading…
October 29, 2020
“The Bureau of Economic Analysis released its advance print on third-quarter gross domestic product (GDP) at 8:30 a.m. ET on Thursday. Here were the main metrics from the report, compared to consensus estimates compiled by Bloomberg: 3Q GDP, annualized quarter-over-quarter: 33.1%… Continue Reading…
October 29, 2020
“Comcast on Thursday reported third-quarter earnings that beat analyst estimates on the top and bottom lines… Here are the key numbers: Earnings per share: 65 cents, adjusted vs.52 cents expected, according to Refinitiv survey of analysts Revenue: $25.53 billion vs. $24.74 billion expected,… Continue Reading…
October 15, 2020
“Shares of Nio Inc. shot up 9.8% toward a record high in premarket trading Wednesday, after a bullish call on the China-based electric vehicle maker from J.P. Morgan. The stock was on track to open above the Oct. 12 record… Continue Reading…
September 23, 2020
“Sales of existing homes rose 2.4% to a seasonally adjusted annualized rate of 6 million units, according to the National Association of Realtors. Sales were 10.5% higher compared with August 2019. This is the highest sales pace since December 2006,… Continue Reading…
September 12, 2020
“Samsung shares could rally over 40% in the next year, according to one analyst who sees TV and smartphone sales rebounding sharply in the near-term and a boost in the chip division. SK Kim, analyst at Daiwa Capital Markets, raised his… Continue Reading…
September 6, 2020
“U.S. productivity rose at a 10.1% rate in the second quarter as the number of hours worked declined by the largest amount since the government started compiling the data more than 70 years ago. The Labor Department said Thursday that… Continue Reading…
August 31, 2020
“Pending home sales, which measure signed contracts to purchase existing homes, increased 5.9% in July compared with June, according to the National Association of Realtors. Sales were 15.5% higher annually “We are witnessing a true V-shaped sales recovery as homebuyers… Continue Reading…
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