The S&P 500 is close to records. The big average closed on Tuesday after Russian President Vladimir Putin said his country had registered the first coronavirus vaccine in the world. While there is skepticism about the vaccine, and especially its long-term effects and safety, the announcement helped lift investor sentiment. …
Read More »Stock futures stand as S&P 500 eyes pick up
US stock futures moved higher in overnight trading and pointed to gains on the open on Wednesday after the S&P 500 closed lower for the first time in eight days. Dow futures rose 70 points. The S&P 500 and Nasdaq-100 futures gained 0.27% and 0.5%, respectively. After the clock on …
Read More »Payment giant Stripe poaches CFO of General Motors in its latest rental profile
Dhivya Suryadevara appoints new Chief Financial Officer of GM. Source: GM Stripe has ruled out Chief Financial Officer Dhivya Suryadevara of General Motors as the payment starter steaks his C-suite amid a boom in e-commerce brought on by the pandemic. Suryadevara was named the automaker’s first female finance chief in …
Read More »Stock futures flat in overnight trading after Wall Street wins the seventh straight day of gains
Brendan McDermid | Reuters Futures tied to major U.S. equities did not change much in trading on Monday after days of gains on Wall Street pushed the S&P 500 within striking distance of a record high. Dow Jones Industrial Average futures dipped about 10 points. The S&P 500 and the …
Read More »Robinhood reports more monthly trades than rivals Charles Schwab, E-Trade combined
Robinhood app Source: Robinhood Robinhood contributed to the rest of the brokerage sector by publishing monthly trading data on Manday. The startup trouned them all – at least by one metric. Robinhood saw 4.3 million daily average revenue trading, as DARTS, in June, the company told CNBC Monday. This is …
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