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Tag: business


Finance Tech, Trading

How major US stock indexes fared Tuesday

January 13, 2021

Via: ABC News

Stocks shook off a midday slide and ended with modest gains Tuesday, leaving the major indexes close to their recent all-time highs. Small-company stocks continued to outpace the rest of the market by a wide margin, a sign that investors […]


Finance Tech, Trading

Stocks making the biggest moves after hours: Urban Outfitters, KB Home, Repay Holdings & more

January 12, 2021

Via: CNBC

Urban Outfitters — Shares of the retailer slid more than 11% after Urban Outfitters said net sales for the two months ended Dec. 31 fell 8.4% year over year. The company also announced that CEO Trish Donnelly will depart at […]


News

Economy loses 140,000 jobs in December as unemployment holds at 6.7% amid COVID-19 spikes

January 8, 2021

Via: USA TODAY

U.S. employers shed 140,000 jobs in December amid COVID-19 surges and new business constraints, closing out a dismal year with the first payroll losses since the pandemic upended the economy last spring. Restaurants and bars hemorrhaged jobs, and the report […]


Energy, Industries

Oil pulls back, but on track for 10% weekly rise as Hurricane Delta bears down on U.S. Gulf Coast

October 9, 2020

Via: Market Watch

Oil futures lost ground early Friday, but the U.S. benchmark remains on track for a 10% weekly advance as Hurricane Delta nears landfall on the U.S. Gulf Coast and a strike curtails a large chunk of Norway’s crude output. Oil […]


Finance Tech, Trading

Stocks making the biggest moves in the premarket: IBM, Eaton Vance, Domino’s Pizza, Coty & more

October 8, 2020

Via: CNBC

IBM (IBM) – IBM said it would spin off the managed infrastructure services unit of its global technology services division into a separate public company, to allow it to focus on its hybrid cloud growth strategy. The spin-off will be […]


News

Stocks making the biggest moves midday: Boeing, SeaWorld, Sonos, Costco and more

October 6, 2020

Via: CNBC

SeaWorld Entertainment — SeaWorld shares popped more than 7% after a Credit Suisse analyst upgraded them to outperform from neutral. The analyst also hiked his price target on the stock to $30 per share from $13 per share, implying a […]


Finance Tech, Trading

The stock market appears to be coiling for a tension release

October 5, 2020

Via: CNBC

The markets are coiling and compressing as they process jarring events and political suspense, with potential energy building up for eventual release. The stock market has been vibrating within a tight range for a month, an agitated stasis that was […]


News

The jobs report was better than expected, but market worries gains will be fleeting without stimulus

August 7, 2020

Via: CNBC

Markets see a slight positive in July’s jobs report, but the focus remains on whether Washington can agree to a stimulus package that could help head off future job losses and aid the still millions of unemployed. The economy added […]


Industries, Retail & Wholesale

Stocks gyrate and are flat after strong jobs data as investors await stimulus news

August 6, 2020

Via: CNBC

Stocks moved between gains and losses on Friday as better-than-expected jobs data partially offset lingering tensions between China and the U.S., as well as ongoing coronavirus stimulus negotiations. The Dow Jones Industrial Average traded 34 points lower, or 0.12%. The […]


News

Business activity plummets, but markets rally on Fed support

March 24, 2020

Via: ABC News

Europe’s economy could shrink by some 10% this year as efforts to contain the spread of the virus outbreak cause a collapse in commercial activity. Yet markets were up sharply on Monday – extending weeks of stunning volatility – as […]