The chairman of the Securities and Exchange Commission, Jay Clayton, said Thursday that he is concerned that individual investors are rolling out money for risky short-term trades and causing the price of certain stocks to skyrocket. Clayton’s comments came in response to a question from CNBC’s Andrew Ross Sorkin, who …
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Stocks fell on Thursday after jobless claims in the US unexpectedly rose for the first time since March and tech stocks fell. The Dow Jones Industrial Average fell 274 points, or 1.02%, to 26,731, the S&P 500 lost 1.03% and the Nasdaq fell 2.06%. Dow (Dow) – Get reportMicrosoft (MSFT) …
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The number of Americans applying for unemployment benefits increased more than expected last week, as the coronavirus pandemic continues to affect the US economy. The Labor Department said Thursday that initial jobless claims increased by 1.416 million for the week ending July 18. Economists surveyed by Dow Jones expected initial …
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Here are five things you should know for Thursday, July 23: 1. – Stock futures rise as Wall Street weighs gains, tensions between the United States and China Stock futures rose on Thursday as investors on Wall Street weighed in on the mixed earnings reports and the possibility of further …
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Futures contracts tied to the major US stock indices held steady during Wednesday night’s overnight session as investors analyzed a large amount of corporate earnings during a positive week. Dow Jones Industrial Average futures fell 18 points, implying a slight opening loss when regular trading resumes on Thursday. The S&P …
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