Tag: stocks

Financial Services, Industries

Morgan Stanley profits rise 48%, helped by strong markets

January 20, 2021

Via: ABC News

Morgan Stanley saw its fourth-quarter profits surge 48% from a year earlier, as the Wall Street bank benefited from the market’s upward swing and investors jubilation for tech stocks and IPOs late last year. The New York-based firm posted a […]

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


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 […]

Finance Tech, Liquidity

Bitcoin tumbles 20% in worst crash since March

January 11, 2021

Via: Fortune

The week is off to a bearish start for cryptocurrency as the price of Bitcoin fell nearly $10,000 from its Friday high of nearly $42,000, temporarily ending an unprecedented rally. On Monday morning, Bitcoin was trading under $33,000—a more than […]

Finance Tech, Trading

The NYSE is set to delist 3 Chinese companies—but U.S. investors can still own shares

January 4, 2021

Via: Fortune

The New York Stock Exchange plans to delist three state-owned Chinese telecommunications companies from U.S. stock exchanges by Jan. 11, following President Donald Trump’s November executive order prohibiting U.S. investment in companies that Washington says support the Chinese military. American […]

Finance Tech, Trading

Wall Street analysts make a big S&P 500 call for 2021. Market history says ignore them

December 21, 2020


Wall Street analysts could not have predicted that a new strain of the coronavirus detected in the U.K. and South Africa would lead to the S&P 500 taking a dive in market trading on Monday, even as the U.S. government […]

Finance Tech, News, Trading

Hopes of a Brexit trade deal flash red, sending stocks and sterling lower

December 11, 2020

Via: Fortune

European Commission President Ursula von der Leyen warned that a no-deal split with the U.K. is the likeliest outcome on Dec. 31 as last-ditch talks to try to reach a deal before Sunday continue in Brussels. Prime Minister Boris Johnson’s […]

Finance Tech, Financial Services, Industries, Trading

BlackRock takes equities to overweight for 2021, sees powerful restart to the economy

December 7, 2020


BlackRock has raised equities to overweight for 2021, based on its view that the restart of the economy will accelerate with the distribution of vaccines. The firm is raising equities from neutral on a tactical basis, meaning over a six-to-12-month […]

Finance Tech, Trading

Stocks open higher on Wall Street, hold near record highs

December 3, 2020

Via: ABC News

Stocks are opening slightly higher on Wall Street, keeping major indexes hovering near record highs. The S&P 500 edged up less than 0.1% in the early going Thursday, nudged along by gains in technology and industrial companies. Investors are keeping […]

Finance Tech, Trading

Dow futures fall 300 points as COVID-19 cases surge, stimulus remains stalled

October 26, 2020

Via: Market Watch

Stock-index futures slumped Monday as the number of daily U.S. COVID-19 infections hit a record at the end of last week and a final agreement on a new round of aid to the economy remained elusive. What are major benchmarks […]