GLOBAL MARKETS-Gold rallies on U.S.-China row, Apple news slams stocks
(Adds close of U.S. markets) * Potential probe of Apple hits red-hot tech-sector * Euro marches higher, dollar slides to almost two-year low * Markets eye escalating U.S.-China tensions * Gold extends gains to new 9-year peak * Graphic: World FX rates in…
Teflon Tesla? Elon Musk Qualifies for a $2.1 Billion Payout as Stocks Continue to Rally
Click here to read the full article. The economy may be in dire straits for most, but not so for Elon Musk. The Tesla CEO just received a major payday––and it happens to be the largest of its kind. Due to yet another in a long string of stock surges for…
Stocks fall after jobless claims come in worse than expected
Stocks fell, with a selloff accelerating into Thursday afternoon as investors focused on the U.S.’s unchecked coronavirus crisis and a new rise in jobless claims. Tech shares led declines, with each of Facebook, Amazon, Apple, Netflix, Alphabet and…
Stocks struggle for direction as US-China tensions rise, earnings roll in
Stocks rose Wednesday, shaking off earlier concerns as tensions appeared to flare again between the US and China. Pfizer led gains in the 30-stock Dow after the drugmaker and a partner announced a near $2 billion agreement with the US government over…
3 Safe Haven, Stay-At-Home Tech Stocks to Buy with Nasdaq at Highs
The Nasdaq hit new highs once again on Monday, as the familiar faces of the market’s coronavirus comeback, from Tesla TSLA to Zoom ZM continue to soar. On Tuesday, IBM IBM topped our quarterly estimates, and the Dow climbed on the back of the European…
US STOCKS-S&P 500 closes slightly higher as stimulus hopes lift cyclical stocks
(For a live blog on the U.S. stock market, click or type LIVE/ in a news window) * Energy stocks rise most since June 5 * Tesla loses ground after JPM downgrade * Coca-Cola rises on demand rebound * Indexes: Dow up 0.60%, S&P rises 0.17%, Nasdaq down…
3 Hot Tech Stocks to Buy After Solid Earnings
Tech sector earnings are entering their heaviest period and there’s sure to be much to say about them. One thing’s for sure, this should be a big quarter for many players because a truly large number of companies have benefited from the pandemic-induced…
Stocks Rise While Tech Rally Falters; Oil Gains: Markets Wrap
(Bloomberg) — U.S. stocks rose for a third day, though the surge in megacap tech shares wobbled, as Congress negotiated a fresh relief package and European leaders agreed on a landmark recovery plan. Oil jumped. The S&P 500 added to its highest…
Buy These Diverse Tech Stocks?
Zacks Stocks In The News · Snap, Microsoft & Intel Earnings: Buy These Diverse Tech Stocks? On today’s episode of Full Court Finance here at Zacks, Ben Rains previews a busy week of earnings reports from some big names in tech to help investors…
Stocks Hit Highest Since February on Tech Rally: Markets Wrap
(Bloomberg) — U.S. stocks advanced to the highest since February, with the stay-at-home trade thriving even as investors received encouraging news on a potential virus vaccine. The dollar weakened to an almost six-week low. The S&P 500 turned…