European markets advanced on Friday morning despite rising cases of coronavirus in the US and additional warnings about a second market crash from the International Monetary Fund (IMF). The pan-European Stoxx 600 rose 0.6% in initial trade, with tech stocks adding 1.2% to lead gains as all sectors and major …
Read More »
Nike shares fell more than 3% after the hours of Thursday following the gains. The shoe maker reported a surprise loss of earnings of 51 cents a share, below estimates at 54 cents. Revenue decreased 38% to $ 6.31 billion, also short expectations. Ascent Wealth Partners managing director Todd Gordon …
Read More »
Stay-at-home stocks benefiting from the coronavirus pandemic pushed the stock market higher as investors continued to grapple with the surge in cases in dozens of states, CNBC’s Jim Cramer said Thursday. “When the state of Texas was forced to pause its reopening plan due to record-breaking Covid infections … suddenly, …
Read More »
Traders work during the opening bell on the New York Stock Exchange (NYSE) on March 16, 2020 on Wall Street in New York City. Johannes Eisele | AFP | fake pictures US stock futures were mostly flat on Thursday night after the release of the latest Federal Reserve bank stress …
Read More »
A pedestrian passes in front of the New York Stock Exchange (NYSE) in New York, USA, on Wednesday June 3, 2020. Michael Nagle | Bloomberg | fake pictures The Federal Reserve on Thursday imposed new restrictions on the US banking industry after its annual stress test found that several banks …
Read More »