Stock Market News for Jul 21, 2020
U.S. stock markets closed higher on Monday as the tech rally resumed after the gap of a week. Moreover, positive developments on the coronavirus treatment front and expectations of a fresh dosage of fiscal stimulus from the U.S. government strengthened…
Stock pare gains, Nasdaq pulls back from record high as investors eye stimulus
Stocks held mostly higher after European Union leaders agreed to a breakthrough fiscal stimulus deal to help support the virus-stricken region. The Nasdaq Composite hit a record high before retreating. After nearly five days of discussions, the 27…
America’s Tech Stock Mania Lures Amateur Traders From India
(Bloomberg) — The record-shattering run in U.S. technology stocks has captivated mom-and-pop investors across America. Now their counterparts in India are piling in too. Spurred on by a spate of Indian brokerages offering new low-fee trading plans…
Stock futures rise as investors eye stimulus in the EU, US
Stock futures rose Tuesday morning, following global equities higher after European Union leaders agreed to a breakthrough fiscal stimulus deal to help support the virus-stricken region. The risk rally also sent crude oil prices up more than 2% to more…
America’s Tech Stock Mania Draws in Amateur Traders From India
(Bloomberg) — The record-shattering run in U.S. technology stocks has captivated mom-and-pop investors across America. Now their counterparts in India are piling in too. Spurred on by a spate of Indian brokerages offering new low-fee trading plans…
Stock futures hug the flat line as investors await earnings
Stock futures opened little changed Monday evening as investors waited for more earnings results and Covid-19 vaccine development updates to roll in. Earlier Monday, the three major indices closed out the session higher. The Nasdaq Composite posted a…
Stock Market News for Jul 20, 2020
Wall Street closed mixed on Friday buoyed by mixed economic data and a spike in new cases of coronavirus infections. Moreover, disappointing earnings results and weak guidance of Netflix also dented investors’ sentiment. The S&P 500 and the…
Stock futures mixed ahead of heavy week of earnings
Stock futures were on track for a mixed open as investors looked ahead to a packed week of earnings, stimulus talks and congressional testimony from Covid-19 vaccine developers. Stocks closed out last week with a choppy session, though both the S&P…
Stock futures open higher ahead of heavy week of earnings
Stock futures opened higher Sunday evening as investors looked ahead to a packed week of earnings, stimulus talks and congressional testimony from Covid-19 vaccine developers. Stocks closed out last week with a choppy session, though both the S&P 500…
Is the Fisker Deal Good or Bad News for Nikola Stock?
On July 13, Spartan Energy Acquisition Corp. (NASDAQ:SPAQ) announced that it would acquire Fisker, a Los Angeles-based startup electric vehicle maker, in a reverse merger that values the merged entity at $2.9 billion. Nikola (NASDAQ:NKLA) also went…