UK stocks fell on Tuesday as Royal Dutch Shell’s warning that it could take a $ 22 billion redemption dragged down the FTSE 100 UKX, -0.75% lower. The UK economy also suffered its worst decline since 1979, as gross domestic product fell 2.2% between January and March, according to the …
Read More »The mask mandate could save the US from a blow of 5% of GDP
A stylist in a protective mask cuts a client’s hair at a barber shop in Atlanta, Georgia, Monday, April 27, 2020. Dustin Chambers | Bloomberg via Getty Images A federal face mask mandate would not only reduce the daily growth rate of new confirmed cases of Covid-19, but could also …
Read More »US consumer confidence in June 2020
A buyer walks with shopping bags. Pedestrian and vehicle traffic has increased markedly as businesses mark the next phase of reopening the economy today in New York City. John Lamparski | SOPA Images | fake pictures Consumer confidence rose more than expected in June as the United States loosened quarantine …
Read More »JP Morgan is betting that these stocks will dominate as an uncertain second half of the year approaches
Stocks falter on the last trading day of the quarter, as the World Health Organization warns that “the worst is yet to come” with COVID-19. But up to 16% and 18% respectively, the Dow DJIA, + 2.32% and S&P 500 SPX, + 1.46% They are poised for the best three-month …
Read More »Micron Earns Profits on Strong Third Quarter Earnings Report and Continuing Demand for Memory Chips
Text size Photograph by Tomohiro Ohsumi / Bloomberg Shares of Micron Technology rose Monday night, after the memory chip maker reported third-quarter tax earnings and sales that exceeded guidance released by the company just a month ago. Micron shares (ticker: MU) rose 6% in the extended session. Shares closed 1.4% …
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