Stock Market News for Jul 24, 2020
Wall Street closed sharply lower on Thursday owing to weak labor market data and heightening geopolitical tensions between the United States and China. Selling pressure on the technology sector also pulled down the overall market. All three major stock…
Stock futures fall as US-China concerns rise, earnings roll in
Stock futures fell Friday morning as relations between the US and China were tested further. China on Friday ordered that the US close its consulate in the populous city of Chengdu, in response to the Trump administration’s directive to force Beijing to…
Stock futures open higher, recouping some losses
Stock futures rose Thursday evening following a tech-led selloff on Wall Street during the regular session. The three major indices ended the day lower, with the S&P 500 and Nasdaq both posting their largest declines in four weeks. Apple (AAPL) – a…
Stock Market News for Jul 23, 2020
Wall Street closed higher after a choppy session on Wednesday buoyed by good news from coronavirus treatment front and possible injection of fresh stimulus by the U.S. government. However, investors remained concerned about eco-political intensions…
Asia’s Hottest Tech Stock Soars 713% With Buy Now, Pay Later Platform
(Bloomberg) — The hottest stock in Asia since markets hit their nadir in March amid the peak of the coronavirus impact is an Australian payment company that is seeking to cash in on the global change in spending habits. Installment payment platform…
Tesla Growth Is Musk’s Goal After Profit Positions Stock for S&P
(Bloomberg) — Tesla Inc. managed to stay profitable even in the midst of a global pandemic, but something is still nagging at Elon Musk: the electric-car maker isn’t growing fast enough. The positive quarterly earnings Tesla reported Wednesday were…
Asia’s Top-Performing Tech Stock Cashes in on Spending Shift
(Bloomberg) — The hottest stock in Asia since markets hit their nadir in March amid the peak of the coronavirus impact is an Australian payment company that is seeking to cash in on the global change in spending habits. Installment payment platform…
Stock Market News for Jul 22, 2020
U.S. stocks finished mixed on Tuesday as investors are waiting for next round of stimulus from the U.S. government. Meanwhile, a fresh dosage of stimulus by the European Union and better-than-expected earnings results of a few big companies strengthened…
Stock futures mostly lower as US-China tensions rise, earnings roll in
Stock futures were mostly lower Wednesday morning as tensions appeared to flare again between the US and China. Investors also digested a batch of corporate earnings results, and eyed a rocky start to talks over another round of coronavirus-related…
Stock futures open slightly lower amid earnings, stimulus talks
Stock futures edged lower Tuesday evening as investors digested a batch of corporate earnings results, and eyed a rocky start to talks over another round of coronavirus-related fiscal stimulus in Washington. Tech shares fell anew during the regular…