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 »Tesla Inc. stock falls Monday, underperforming the market
Shares of Tesla Inc. TSLA, -2.35% hit 2.35% to $ 1,418.57 on Monday, proving to be a very mixed trading session for the stock, with the Dow Jones Industrial Average DJIA, + 1.30% with 1.30% increase to 27,791.44 and the NASDAQ Composite Index COMP, -0.38% falling 0.39% to 10.968.36. This …
Read More »Dow 250 points up midday, Nasdaq under pressure as investors expand rotation in cyclical stocks
Stock market benchmarks were mostly higher on Monday as investors checked signs that a long-awaited rotation on Wall Street could be extended into more growth-sensitive equities, at the expense of their high-growth counterparts. Investors also focused on President Donald Trump’s weekend of signing executive orders aimed at extending some elements …
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