A staff member wearing a protective face mask at the Holiday Inn Whitechapel hotel, operated by InterContinental Hotels Group, is clearing a Perspex screen ahead of the reopening of the hotel for general bookings in London, England, on 3 July 2020. Chris Ratcliffe / Bloomberg News European stocks rose on …
Read More »FedEx, UPS shares grow to power Dow transports to 9th straight gain
Shares of FedEx Corp. and United Parcel Service Inc. rose on Monday, to deliver a more than 120-point boost to the Dow Jones Transportation Average, amid Bullish analysts’ remarks about the package delivery giants given signs of increasing e-commerce volume and improved prices. FedEx’s stock FDX, + 8.96% shot up …
Read More »Boeing Is the largest contributor to the Dow today. Here’s why.
Text size Shares in commercial airline Boeing shares were up 5% Monday afternoon, adding 57 points to the Dow Jones Industrial Average’s 330 points gain, making it the largest single participant in the Dow index. The reason for this is the Boeing stock market (ticker: BA) is obviously Covid-related. The …
Read More »These indicators show why investors raised their fears about corona to embrace economic recovery
A string of economic indicators on Monday showed investors becoming more confident about the ongoing economic recovery, ignoring fears that new spikes from the coronavirus pandemic across the continent could demand a return to shares as total lockdowns. – The sentiment of investors, calculated by the German Sentix group, rose …
Read More »European equities stand after Trump unilaterally expands unemployment benefits
US President Donald Trump signs executive orders to boost economic relief from coronavirus, during a news conference in Bedminster, New Jersey, on August 8, 2020. jim watson / Agence France-Presse / Getty Images European stocks rose on Monday, fueled by a move by US President Donald Trump to extend unilateral …
Read More »