Finance

Dow rises more than 150 points as Apple hits record, leads tech higher

Stocks rose on Wednesday as gains in major tech names such as Apple and Microsoft led the way even as coronavirus cases keep rising at a record pace.  The Dow Jones Industrial Average closed 177.10 points higher, or 0.7%, at 26,067.28. Earlier...

Goldman warns delayed election results this November similar to Bush-Gore could rock the market

Joe Biden and Donald Trump Ron Adar | Echoes Wire | Barcroft Media via Getty Images; Mandel Ngan | AFP | Getty Images Goldman Sachs is warning that the presidential election could see delayed results, and is therefore recommending that...

Stocks making the biggest moves premarket: Nikola, Apple, Biogen, Intersect ENT & more

A view of the charging Bull with a woman in New York City USA during coronavirus pandemic on April 25, 2020. John Nacion | NurPhoto | Getty Images Check out the companies making headlines before the bell: Intersect ENT (XENT), Medtronic (MDT) —...

Stocks making the biggest moves midday: Nikola, Twitter, Levi Strauss, Taylor Morrison & more

Nikola Motor Company Badger pickup truck Source: Nikola Motor Company Check out the companies making headlines in midday trading.  Nikola — Shares of Nikola soared more than 34% after JPMorgan hiked its rating on the controversial electric vehicle company to overweight from neutral. The...

Fed’s Bullard sees unemployment falling to as low as 7% this year

St. Louis Federal Reserve President James Bullard expressed optimism in the pace of the U.S. economic recovery, saying the unemployment rate could fall substantially by the end of the year. With the current jobless level at a post-World War II...

Stocks making the biggest moves after hours: Bed Bath & Beyond, NIO, Costco and...

Shoppers walk past a Bed Bath & Beyond store in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell:  Bed Bath & Beyond — The home goods retailer's stock fell 11% in extended trading...

Biggest risk to U.S. stocks is another economic lockdown, Invesco’s Kristina Hooper warns

A major financial institution is starting to lose enthusiasm for U.S. stocks. Invesco's Kristina Hooper is worried the latest coronavirus spike will push states to close their economies again. "Up until now the U.S. has been rewarded because of expectations...

Top Chinese diplomats give conciliatory signals while demanding respect from the U.S.

Chinese Foreign Minister Wang Yi speaks at a news conference after restoring diplomatic ties with Kiribati on the sidelines of the United Nations General Assembly in New York, U.S. September 27, 2019. Mark Kauzlarich | Reuters China's top two foreign...

Why some investors are holding onto Wirecard shares even after insolvency

The Wirecard logo is seen at the payment company's headquarters in Aschheim near Munich, southern Germany, on June 24, 2020. Christof Stache | AFP via Getty Images Despite its spectacular descent into insolvency last month, Wirecard's share price has not...

S&P 500 falls for the first time in six days, Nasdaq retreats from record...

Stocks fell on Tuesday as a rally in mega-cap tech shares lost steam and concerns about the coronavirus outbreak dampened investor sentiment. The S&P 500 slid 1.1% to 3,145.32 while the Nasdaq Composite, which hit a record high earlier in the day, closed...

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