August 5, 2020
“America’s services sector grew for a second month in a row in July and beat economists’ expectations. But beneath the headline number, some things are still quite gloomy. The Institute for Supply Management’s index to measure non-manufacturing activity climbed to 58.1, from… Continue Reading…
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…
June 9, 2020
“The Dow Jones Industrial Average DJIA, -0.70% climbed 461.46 points, or 1.7%, to end at 27,572.44, its sixth straight gain. The S&P 500 SPX, -0.66% rose 38.46 points, or 1.2%, finishing at 3,232.39. The tech-heavy Nasdaq Composite Index COMP, +0.18% gained 110.66 points, or 1.1%, ending at 9,924.74, a… Continue Reading…
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…
December 31, 2019
“The Nasdaq crossed the 9,000-point mark for the first time on Thursday as all three major Wall Street indexes posted record closing highs, boosted by optimism over U.S.-China trade relations and gains in shares of Amazon.com after a report signaled… Continue Reading…
December 17, 2019
“Stocks hit record highs on Monday and notched their fourth straight gain as a so-called phase one trade deal between China and the U.S. clears the path higher for Wall Street to end a banner year. The Dow Jones Industrial Average closed… Continue Reading…
December 3, 2019
“Citi has a new Netflix analyst and he’s joining the minority of Wall Street analysts that are cautious on the stock… “Street estimates [are] too high,” Bazinet said in a note to clients on Tuesday. Over the last seven years, there has… Continue Reading…
June 20, 2019
“Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month. The S&P 500 surged 0.9%, hitting a record high of 2,954.33 as the tech and energy sectors outperformed. The Dow Jones Industrial Average gained 256 points… Continue Reading…
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