How’s your 401 (k) going? With technology stocks leading the way, the Nasdaq Composite COMP, + 1.97% just entered unknown territory. Tesla TSLA, + 9.82% brought out a new high. So did Netflix NFLX, + 2.98%. And Amazon AMZN, + 4.11% It reached $ 3,000 for the first time. Whatever …
Read More »Tesla shares soar to record as Wall Street’s biggest bear raises target price
Shares of Tesla Inc. charged higher toward another record on Monday, after even the most bearish analyst on Wall Street raised its target price after the results of deliveries by the electric vehicle maker. NIO Inc.’s rival Tesio of NIO shares, + 23.45% it also shot up to a record, …
Read More »WHO formally eliminates hydroxychloroquine, HIV drug from drug study COVID-19
The World Health Organization (WHO) said Saturday that it suspended studies evaluating AbbVie’s hydroxychloroquine and ABBV, + 0.56% HIV medicine Kaletra as possible treatments for COVID-19. The WHO has conducted a multiple clinical trial testing a handful of potential treatments in hospitalized patients with COVID-19 since late March. “These interim …
Read More »Wall Street Stock Market Outlook Stuns CNBC Host Joe Kernen
“ ‘People are woefully underinvested. There are $ 5 trillion in money market funds. So I think the markets are going up. I think they are going up much more than people think. We can stop here for a while … but I think you’ll get a rocket in the …
Read More »Dow futures are up 400 points to start the week, led by a surge in China markets
US stock index futures rose sharply early Monday to begin the first full week of trading in July, with investors linking at least part of the uptrend emanating from Wall Street to a powerful rebound in China. However, Monday’s optimism in the market contrasts with a continued rise in coronavirus …
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