U.S. stock index futures pointed to slight gains on Tuesday following the market’s worst decline in two years on concerns the coronavirus outbreak would dent global economic growth. As of 8:28 a.m. ET, Dow Jones Industrial Average futures were up 120 points, indicating a gain of 142 points at the open. S&P 500 and Nasdaq 100 futures […]
Tag: Breaking News: Markets
Dow plunges 1,000 points on coronavirus fears, 3.5% drop is worst in two years
Stocks fell sharply on Monday as the number of coronavirus cases outside China surged, stoking fears of a prolonged global economic slowdown from the virus spreading. The Dow Jones Industrial Average closed 1,029 points lower, or 3.55%. The S&P 500 slid 3.4% while the Nasdaq Composite closed 3.7% lower. It was the Dow’s biggest point and […]
Dow futures down 770, airlines slide, Apple drops
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters This is a live blog. Please check back for updates. 8:32 am: Chipmaker stock ETFs fall sharply The VanEck Vectors Semiconductor ETF (SMH) and the iShares PHLX Semiconductor ETF (SOXX) were both down more than 3% in the premarket, putting […]
Economy a bit softer, Berkshire business hit by coronavirus
Billionaire Warren Buffett said Monday that while the U.S. economy still looks healthy, it isn’t as robust as it was even half a year ago thanks to headwinds like the Trump administration’s trade war and the burgeoning coronavirus. “It’s strong, but a little softer than it was six months ago, but that’s over a broad […]
Free trading fuels rampant speculation in stocks
Tesla CEO Elon Musk unveils the Cybertruck at the TeslaDesign Studio in Hawthorne, Calif. The cracked window glass occurred during a demonstration on the strength of the glass. Robert Hanashiro | USA TODAY | Reuters Small investors are flocking to high-flying growth stocks after the brokerage industry made trading free. In the months since major […]
This fund is a play for the millennial home renter, and some of its holdings are up big this year
A contractor prepares a sliding door for a home under construction at the Toll Brothers Inc. Enclave at Rye Brook housing development in Rye Brook, New York Michael Nagle | Bloomberg | Getty Images Owning a home has long been the individual investor’s opportunity to hold real estate. But the American millennial population is waiting […]
Dow futures dip 60 points
Traders and financial professionals work ahead of the closing bell on the floor of the New York Stock Exchange. Drew Angerer | Getty Images This is a live blog. Check back for updates. 8:19 am: JPMorgan strategist calls for a market setback, says ‘short-term systematic sell signals’ triggered The U.S. stock market could be subjected […]
ViacomCBS, E-Trade, Zillow, IMAX & more
Take a look at some of the biggest movers in the premarket: ViacomCBS (VIAC) – In its first earnings report since the merger of Viacom and CBS was completed in December, the company reported quarterly earnings of 97 cents per share, below the consensus estimate of $1.44 a share. Revenue was also below Wall Street […]
Dish Network, Garmin, Tesla, Uber & more
Take a look at some of the biggest movers in the premarket: Dish Network (DISH) – The satellite TV provider beat estimates by 10 cents a share, with quarterly earnings of 69 cents per share. Revenue also beat forecasts. Pay-TV subscribership declined, but at a slower pace. Garmin (GRMN) – The maker of GPS and […]
Mike Bloomberg’s proposed Wall Street transaction tax explained
Presidential candidate Mike Bloomberg speaks at a campaign event at the Dollarhide Community Center in Compton on Monday, Feb. 3, 2020. Scott Varley | Torrance Daily Breeze via Getty Images Presidential hopeful Michael Bloomberg on Tuesday announced sweeping reforms to the way Wall Street does business. Among his proposals is a 0.1% tax on all […]
