Stocks falter on the last trading day of the quarter, as the World Health Organization warns that “the worst is yet to come” with COVID-19. But up to 16% and 18% respectively, the Dow DJIA, + 2.32% and S&P 500 SPX, + 1.46% They are poised for the best three-month …
Read More »European stocks recover, earnings in dollars before the quarter
LONDON (Reuters) – European stocks rebounded on Tuesday after a weak start, spreading optimism for the Asian session, and oil prices stabilized as investors looked for signs of an economic recovery in the second half of 2020. FILE PHOTO: The DAX chart of the German Stock Price Index is shown …
Read More »Asia sources as China’s PMI, US data encourages markets concerned about coronavirus surge
TOKYO / NEW YORK (Reuters) – Asian stocks rose on Tuesday after data showed China’s manufacturing sector grew more than expected in June, a sign of hope for a global economy still struggling to recover from the impact of the coronavirus crisis. FILE PHOTO: A man in a protective mask …
Read More »Micron Earns Profits on Strong Third Quarter Earnings Report and Continuing Demand for Memory Chips
Text size Photograph by Tomohiro Ohsumi / Bloomberg Shares of Micron Technology rose Monday night, after the memory chip maker reported third-quarter tax earnings and sales that exceeded guidance released by the company just a month ago. Micron shares (ticker: MU) rose 6% in the extended session. Shares closed 1.4% …
Read More »Wall Street ends higher in Boeing’s bump, observed stimulus
NEW YORK (Reuters) – Wall Street stocks closed higher on Monday and the S&P 500 was poised to hit its biggest quarterly percentage gain since 1998 as investors expected a stimulus-backed economic rally, while a surge in Boeing’s actions helped propel blue. Chip Dow. FILE PHOTO: Traders Wear Masks While …
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