709, 2020

Plummeting Tech Stocks Drive Sell-Off on Wall Street

By |September 7th, 2020|Categories: Finance|0 Comments

Technology stocks started the week on a strong note as Apple’s 4-for-1 stock split came into effect Monday. Gains in Tesla’s shares, which surged around 13% on Monday following the 5-for-1 stock split, also helped the Nasdaq hit another record

3108, 2020

Dow Turns Positive for the Year Ahead of Major Restructuring

By |August 31st, 2020|Categories: Finance|0 Comments

Wall Street stocks began the week heading north, with the S&P 500 and the Nasdaq Composite hitting new record highs, as investors cheered prospects of a new covid-19 treatment. The 30-stock Dow Jones index wiped off losses and turned positive

2408, 2020

Strong Retail Earnings, Economic Data Provide Some Momentum to Wall Street

By |August 24th, 2020|Categories: Finance|0 Comments

US stocks started the week on a positive note with Amazon and Tesla leading the rally, pushing the Nasdaq to another record high. Meanwhile, the S&P 500 also hit a record high, wiping out losses from the covid-19 sell-off. Sentiment

1708, 2020

Slowdown in Infections Supports US Markets, Although Covid-19 Rescue Package Still Awaited

By |August 17th, 2020|Categories: Finance|0 Comments

US stocks remained volatile last week, with investors growing increasingly concerned about the deadlock between the Congress and the White House over the new covid-19 rescue package. Although President Donald Trump signed orders last week to extend provide some relief,

1008, 2020

Even Lackluster Jobs Data Takes Wall Street a Notch Higher

By |August 10th, 2020|Categories: Finance|0 Comments

US stocks opened sharply higher last week despite a stalemate in talks on the new government stimulus package intended to support workers amid the coronavirus-induced economic recession. Markets were encouraged by an upbeat manufacturing report, which took the manufacturing PMI

308, 2020

GAFA Tech Giants Provide a Boost to US Stocks

By |August 3rd, 2020|Categories: Finance|0 Comments

US stocks opened the week higher after closing the previous week on a negative note. as investors braced for the busiest week of earnings, while keeping an eye on discussing around the covid-19 rescue program. Positive news regarding progress on

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