US stocks fell on Friday to end the day and week lower against assets deemed risky as Texas and Florida were forced to back down on plans to reopen COVID-19 locks. amid a record number of new cases reported across the country. The Dow Jones Industrial Average SPX, -2.42% They …
Read More »The Dow is falling as consumer spending disappoints
Text size People wait in line in front of a New York City bank in late May. fake pictures Weaker-than-expected economic data, record coronavirus cases and an unfavorable result for banks in Thursday’s Federal Reserve stress tests left the market lower on Friday. The Dow Jones Industrial Average fell 534 …
Read More »The Dow is falling as consumer spending disappoints
Text size People wait in line in front of a New York City bank in late May. fake pictures Weaker-than-expected economic data, an increase in coronavirus cases and an unfavorable result for banks in Thursday’s Federal Reserve stress tests left the market lower on Friday. The Dow Jones Industrial Average …
Read More »Inovio shares rise to extend rally to 20-year high, while Stifel says price is now ‘less palatable’
Shares of Inovio Pharmaceuticals Inc. INO, -9.79% 7.5% was recovered in premarket operations on Friday, to extend its recent rocket launch to a maximum of 20 years, even as the biotech company was downgraded in Stifel Nicolaus over valuation concerns. The stock is up 119% amid a four-day streak to …
Read More »Nike slips on Covid-related surprise loss
Text size Gross margins fell 8.20 percentage points, even with fewer discounts, due to supply chain disruptions and related costs. Timothy A. Clary / AFP via Getty Images Nike shares fell after hours as the sporting goods retailer lost a surprise in its fiscal fourth quarter amid store closings as …
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