Equity News Results

  • S&P 500, Nasdaq open at records as coronavirus fears ease; Fed's Powell set to deliver House testimony

    U.S. stock benchmarks opened at fresh records Tuesday morning, with analysts attributing strength in part to signs that the spread of the coronavirus in China may be abating. The gains were enough to push the three major equity indexes to records after the opening bell. Meanwhile, market participants were bracing for congressional testimony later Tuesday from Federal Reserve Chairman Jerome Powell, who said in prepared remarks that the central bank is monitoring the viral...

  • *Tesla's stock slips 0.7% in premarket trading

    (END) Dow Jones Newswires 02-11-20 0817 ET Copyright (c) 2020 Dow Jones& Company, Inc..

  • *Sprint trading volume of 2.6 mln shares makes stock the most active in the premarket

    (END) Dow Jones Newswires 02-11-20 0716 ET Copyright (c) 2020 Dow Jones& Company, Inc..

  • *AutoNation stock up 2.2% premarket

    (END) Dow Jones Newswires 02-11-20 0654 ET Copyright (c) 2020 Dow Jones& Company, Inc..

  • Starbucks partnership announced that will upgrade airport experience

    Starbucks Corp. (SBUX) and OTG, an airport hospitality group, have announced a partnership to revamp the customer experience at airport locations. Technology will be a focus of the redesigns with a plan to move locations throughout the airport depending on the time of day, which will allow customers to pick up an item at the gate during arrival and departure. Starbucks (SBUX) stock has rallied 24.7% over the last year while the S&P 500 index is up 23.3% for the period.

  • Stocks open slightly lower as investors gauge coronavirus impact

    U.S. stocks edged lower at the start of trade Monday as traders awaited more clarity on the ultimate economic impact of a growing outbreak of the coronavirus, which has disrupted global supply chains dependent on Chinese production where the virus originated. The Dow Jones Industrial Average fell 13 points, or less than 0.1% to 29,090, the S&P 500 index shed 1 points, or less than 0.1% to 3,326 and the Nasdaq Composite index fell 8 points, or 0.1% to 9,512. Many Chinese factories...

  • Why 'buy-the-dip' is the stock market's default setting -- and what it would take for that to change

    A supply-chain hit could undercut central-bank backstop. Investors made crystal clear this past week that they aren't ready to abandon the "buy-the-dip" response to stock market pullbacks, despite warnings that the tried-and-true approach may soon meet its match. Indeed, one high-profile warning came from Mohamed El-Erian, the chief economic adviser at Allianz and former chief executive at Pimco.

  • Stocks snap four-day winning streak but post weekly gains

    U.S. stocks booked losses on Friday as fears around the coronavirus impact on U.S. multinationals and the global economy offset better-than expected job gains in the January employment report, but held on to weekly gains. The S&P 500 fell 0.5% to end around 3,328. The Dow Jones Industrial Average dropped 277 points, or 0.9%, to end around 29,103, based on preliminary numbers. The Nasdaq Composite retreated 0.5% to finish near 9,521. For the week, the S&P rose 3.2%, the Dow climbed 3%,...

  • Stocks end lower as market retreats from records

    By Chris Matthews and Mark DeCambre, MarketWatch, Andrea Riquier. Coronavirus death toll rises to more than 630. U.S. stocks closed lower Friday, a day after all three benchmark indexes finished at records, as some investors locked in recent stock gains following a stellar January jobs report that exceeded economists' expectations.

  • Gold prices rise as coronavirus fears persist

    By Myra P. Saefong and Mark DeCambre, MarketWatch. Copper ends higher for the week, rebounding from a nearly 3- year low on Monday. Gold futures on Friday shook off losses seen shortly after the release of better-than-expected U.S. employment data, to settle higher as renewed worries about the spread of the coronavirus and it's impact on the global economy worked to pull U.S. benchmark stock indexes down from record levels.

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