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Stocks

“US STOCKS-Nasdaq ends at record high as Wall St rises with tech shares”

July 9, 2020

“U.S stocks rose on Wednesday and the Nasdaq hit a record closing high, supported by technology shares as early signs of an economic rebound… Apple Inc and Microsoft Corp provided the biggest boosts to the Dow and S&P 500, with… 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

“Wayfair stock soars 38% as business more than doubles…”

April 6, 2020

“Wayfair Inc. stock soared 38.3% in Monday premarket trading after the e-commerce home retailer said business skyrocketed amid the coronavirus pandemic. Wayfair went into March with gross revenue up just below 20%, consistent with January and February. However, business more… Continue Reading…

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Stocks

“Stocks rise as Wall Street continues last week’s rebound…”

March 30, 2020

“Stocks rose on Monday, building on a strong rally from last week as the U.S. extends measures to contain the coronavirus outbreak. The S&P 500 climbed 1.6% while the Nasdaq Composite traded 2.1% higher. The Dow Jones Industrial Average was up 237 points, or 1.1%… Sentiment was… Continue Reading…

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Business, Economy

“Small business confidence rises, signaling a more positive outlook for the US economy”

February 20, 2020

“Small business sentiment is on the rise to kick off 2020, with confidence nearing all-time highs, according to data from CNBC and SurveyMonkey. The CNBC/SurveyMonkey Small Business Confidence Index climbed two points in the first quarter, from 59 to 61, as… Continue Reading…

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Economy

“The U.S. Treasury Just Sold 30-Year Bonds at a Record-Low Yield. Demand ‘Was Amazing.’”

February 14, 2020

“The U.S. Treasury sold $19 billion of long-term bonds with a record-low yield of 2.061% on Thursday. Not only that, but investor demand was the highest for any sale of a new bond since August 2014, according to Tom Simons… Continue Reading…

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Stocks

“Sprint Stock Soars After Judge Approves Its Merger With T-Mobile”

February 11, 2020

“T-Mobile US and Sprint stocks are soaring after a federal judge gave his stamp of approval to the wireless carriers’ long-pending combination, ruling that the merger wouldn’t lead to less competition and higher prices for consumers in the U.S. Sprint stock (ticker: S)… Continue Reading…

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Economy

“Wives now out-earn their husbands nearly a third of the time”

February 6, 2020

“…Among married couples, wives now out-earn their husbands nearly 30% of the time, up from 15.9% in 1981, according to recently released data from the Census Bureau. “Men’s wages have stagnated in the past decade or so, in part because the economy… Continue Reading…

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Stocks

“Tesla Stock Jumped 20%. It Makes No Sense.”

February 4, 2020

“Tesla shares rose almost 20% Monday, hitting another all-time high. The question is why? The move, frankly, baffled investment pros… But first a run down of recent numbers. They are incredible. Monday was the largest percentage increase in Tesla (ticker: TSLA) stock since May… Continue Reading…

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Stocks

“Amazon soars after huge earnings beat”

January 31, 2020

“Shares of Amazon climbed as much as 11% in extended trading on Thursday after smashing earnings expectations for the fourth quarter. The company’s market cap surged above $1 trillion after hours on the back of the powerhouse earnings report. In doing so, it joined Apple, Alphabet and Microsoft,… Continue Reading…

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