U.S stock markets moved mostly higher today, boosted by gains in technology shares and positive sentiment around President Joe Biden’s forthcoming massive $3 trillion-$4 trillion infrastructure plan. In New York, the Dow Jones lost 85.41 points to 32,981.55, the S&P 500 moved up 14.34 points to 3,972.89, while the Nasdaq added 201.48 points to 13,246.87.
U.S. stocks closed lower today as investors extended a pull back from technology shares. In New York, the Dow Jones lost 3.09 points to 32,420.06 erasing a 360-point gain earlier in the day. Energy had powered markets higher for much of the day as a cargo ship blockage in the Suez Canal caused the price
U.S. stocks moved further into record territories after U.S. Feds signaled no interest rate hikes through 2023. In New York, the Dow Jones gained 189.42 points to establish a new record of 33,015.37, the S&P 500 added 11.41 points to a record close of 3,974.12, while the Nasdaq increased 53.63 points to 13,525.20. Canada’s main
U.S. equities advanced further today as the rotation into value stocks continued following a weak inflation report. In New York, the Dow Jones gained a solid 464.28 to 32,297.02, the S&P 500 rose 23.37 to 3,898.81, while the tech-heavy Nasdaq closed 4.99 lower at 13,068.83. Canada’s main stock index hit a new all-time high following
U.S. stocks declined lower today, extending losses from a day earlier as investors cautiously weighed signs of post-pandemic optimism against economic overheating concerns. In New York, the Dow Jones, the one bright spot, once again established another high, moving up 90.27 to 31,613.02, while the S&P 500 edged 1.26 lower to 3,931.33 and the tech-heavy
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Cassava Sciences (NASDAQ:SAVA) announced on July 21 that it would present two new clinical datasets in the upcoming Denver Alzheimer’s conference. The most important of these two will be on July 29 at 11 am ET, when the company releases its nine-month dataset results for its Alzheimer’s drug, Simufilam. Expect to see SAVA stock take
Summer 2021 is shaping up to be one of the hottest in history, as the effects of climate change are becoming ever clearer. Naturally, that’s led to an increase in global demand for air conditioning, which itself is a major contributor to global warming. It’s a vicious cycle, but there are a number of companies
In this article CYDY Young chemist working with chemical substances during scientific experiment in laboratory. skynesher | E+ | Getty Images Company: CytoDyn Inc. (CYDY) Business: CytoDyn is a late-stage biotechnology company. The company focuses on developing treatments for multiple therapeutic indications based on leronlimab, a novel humanized monoclonal antibody targeting the CCR5 receptor. Its
In this article AXP INTC SAM HON TWTR S3 Studio | Getty Images Check out the companies making headlines in midday trading. Snap — Shares of Snap soared roughly 24% after better-than-expected second-quarter earnings results. The social media company reported strong growth of users, engagement and ads. Twitter — Twitter shares gained 3.4% after reporting its fastest revenue
Prior to the U.S. Postal Service making its announcement regarding which company will replace its aging fleet of mail carriers, Workhorse (NASDAQ:WKHS) showed great promise. As the only fully electric-based proposal, the company aligned perfectly with the zero-emissions sentiment that was gradually building bipartisan support. Thus, WKHS stock appeared a no-brainer. Source: Shutterstock As it
Jul.23 — Tom Keene, Jonathan Ferro and Kailey Leinz have the economy and the markets “under surveillance” as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets. This show is simulcast worldwide on Bloomberg Television and Radio.
Jul.23 — One of the most iconic brands in financial television returns for today’s issues and today’s world. This edition of Wall Street Week features David Westin’s interviews with Ariel Investments CIO of International & Global Equities Rupal Bhansali, Harvard University Professor Ken Rogoff, Former E*Trade CEO Karl Roessner, Elevation Partners Co-Founder Roger McNamee, and
In the next few years, the global legal marijuana market is expected to grow at a robust pace. As regulatory headwinds wane, the market size is expected to reach $70.6 billion in 2028. This would imply growth at a CAGR of 26.7%. It’s not surprising that investors have started looking at major marijuana stocks like
California will strengthen the security of the debit cards it uses to issue unemployment insurance and other benefits following a wave of fraud, according to an announcement from the state’s Employment Development Department. The state agency plans to work with Bank of America to start rolling out chip-enabled debit cards to new claimants, as well
Jul.23 — Elevation Partners Co-Founder Roger McNamee says Netflix’s subscriber growth is likely to slow, but still sees promise in the streaming giant because it focuses on content. He joins David Westin on “Bloomberg Wall Street Week.”
Jul.23 — Ariel Investments CIO of International & Global Equities Rupal Bhansali says equities are taking their cues from credit markets. She joins alongside Bloomberg Intelligence Chief Equity Strategist Gina Martin Adams on “Bloomberg Wall Street Week.”
Jul.23 — Harvard University Professor of Economics and Public Policy Ken Rogoff says that we might not see conventional banks in 30 to 40 years. He thinks regulators are late to the game on regulating cryptocurrencies. He joins David Westin on “Bloomberg Wall Street Week.”
Jul.23 — Former E*Trade CEO Karl Roessner expects the retail interest in markets to stick around, because of the access to trading and growing access to financial literacy. He joins David Westin on “Bloomberg Wall Street Week.”
Jul.23 — David Westin has “One More Thought” on oysters at the 2020 Tokyo Olympics.
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