Tech Stocks Lead Market Higher Monday
A big move from some outsized players late in Monday’s session led three of the four major indexes into the green by the closing bell. Led by an 8% jump in Amazon AMZN shares (on no actual news relating to the company; Amazon does not report Q2 earnings…
FTSE 100 edges higher as traders eye EU summit and Netflix impact on tech stocks
The Arisen’s Main Pawn in the show, Hannah: Netflix/Capcom The FTSE-100 Index was set to rise modestly today as investors juggle with a mixed picture on the global economy and a sharp decline in Netflix shares. The US tech giant warned that the…
Does the epic Twitter hack mean you should sell all your tech stocks?
Don’t let Twitter’s failure to keep hackers at bay shake you out of the hot tech stocks that have likely provided a big portfolio boost this year, pros say. Remember, Wall Street’s best minds mostly agree (and they rarely ever do) that it’s the likes of…
Stocks give up gains, S&P 500 turns negative
A stock rally lost steam Monday afternoon, with the S&P 500 and Nasdaq turning negative and the Dow wiping out much of its earlier gains. The 30-stock index had been up as much as 2.2%, or 564 points, earlier in the day. [Click here to read what’s…
Stocks mostly lower after Nasdaq sets record high
Stocks abruptly turned negative Thursday as fears over the economic outlook following an increase in coronavirus cases resurged. The Dow and S&P 500 wiped out its week to date gains, while the Nasdaq held higher and hit a record. [Click here to read…
Dow rises as vaccine hopes, better than expected earnings buoy stocks
Stocks rose Wednesday after a strong set of earnings results before market open added to earlier hopes for a coronavirus vaccine. The Nasdaq traded choppily, however, as the big-tech FAANG stocks wavered. Cruise line, air line and other travel stocks…
European Stocks Fall With Tech Shares Amid Renewed Virus Woes
(Bloomberg) — European stocks fell on Tuesday, led by declines in tech shares and travel firms, as worries over rising coronavirus cases weighed on investor sentiment as the earnings season kicks off. The Stoxx 600 Index closed 0.8% lower in…
Tech Leads U.S. Stocks Lower; Bond Yields Decline: Markets Wrap
(Bloomberg) — Technology shares led U.S. stocks lower with investors continuing to rotate out of this year’s top performers. Treasuries gained with American initial jobless claims posting their smallest weekly decline since March. The tech-heavy…
Stocks Snap Two-Day Rally; Bond Yields Decline: Markets Wrap
(Bloomberg) — Technology shares led U.S. stocks lower for the first time in three days with investors continuing to rotate out of this year’s top performers. Treasuries gained with American initial jobless claims posting their smallest weekly…
Stocks Snap Two-Day Rally Amid Rotation From Tech: Markets Wrap
(Bloomberg) — Technology shares pushed U.S. stocks lower for the first time in three days after investors rotated out of this year’s top performers. Treasuries gained with American initial jobless claims posting their smallest weekly decline since…