Futures for the stock index turned positive Thursday as claims for unemployment benefits fell much faster than expected for the first time, but gains remained suppressed as investors checked a stalemate between Congress Democrats and the White House over a package of coronavirus. What do key benchmarks do? Futures on …
Read More »Stock futures remain stable after the S&P 500 closed just below a record
Tourists pose with the statue of Wall Street in the Financial District, August 21, 2018 in New York City. Drew Angerer | Getty Images News | Getty Images Futures contracts tied to major U.S. stock indices were kept stable in extended trading Wednesday night just hours after the S&P 500 …
Read More »Warren Buffett said this metric signaled the 2001 crash – now sounding the alarm on global markets
Warren Buffett once wrote that investors would have seen the dot-com crash from a mile away if they had paid attention to what he described in a 2001 Fortune article as “probably the best single measure of where valuations at any given moment stand. “ Known in investment circles as …
Read More »Shares run despite inflation news, Stimulus fear
Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …
Read More »NIO Beat expectations about profit. Here’s why his forehead falls.
Text size NIO sells its electric cars only in China. Greg Baker / AFP via Getty Images Shares in Chinese electric car maker NIO fell Tuesday morning after the company reported second-quarter sales that were better than expected. Despite the reaction, the report is another good data point for the …
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