May 29, 2020 9:02 am
Australian stocks closed lower in Friday trading, with the Financials, Healthcare and A-REITs sectors showing the biggest decline. The financial services company Virgin Money UK was the worst performer on Friday, with shares dropping 10.20% or 0.20 points to trade at 1.80. Despite closing low, the Australian stocks enjoyed a record high in the last […]
Read moreMay 29, 2020 6:46 am
On Thursday, General Electric’s shares dropped 3.2%, following the warnings of bigger cash burn for the second quarter of 2020. The CEO of the company, Larry Culp, stated at an investors conference that the aviation division of General Electric was severely damaged due to the pandemic crisis. This is why it came as no surprise […]
Read moreMay 28, 2020 2:45 pm
After three consecutive days of gains, the S&P 500 stocks had a muted opening in Thursday trading. Despite that, Boeing Co.’s shares jumped 4.7% in premarket, which marks the biggest climb among the 30 blue-chip companies in the Dow Index. The planemaker stated its plans for resuming the production of its passenger jet 737 MAX. […]
Read moreMay 28, 2020 1:08 pm
The social media stocks will be one of the investors’ main focuses in Thursday trading. Following President Trump’s statement for signing an executive order against social media companies, Twitter’s stock declined 2.7% in premarket trading. The executive order is due to be signed on Thursday and it targets social media companies like Twitter and Facebook. […]
Read moreMay 28, 2020 9:59 am
European stocks opened higher in Thursday trading, achieving a fourth consecutive gain. The German DAX surged 0.7%, while the UK FTSE 100 gained 0.8%. The world’s second largest cinema chain, Cineworld, was also among the leading companies in early Thursday trading, with Cineworld Group’s shares climbing 29%. The company stated that it conducted negotiations for […]
Read moreMay 28, 2020 8:08 am
Wall Street stocks rose in Wednesday trading, with the financial and industrial sectors leading the jump in shares. JPMorgan Chase & Co. was among the top performers on Wednesday, with shares going up 4%. Bank stocks surged significantly as investors were motivated by the hope for recovery that sprung up after businesses started reopening. In […]
Read moreMay 27, 2020 2:46 pm
Despite the rising tension between China and the U.S., Wall Street stocks jump in premarket trading Wednesday. The reason for this is the hope for the recovery of businesses as companies begin to resume their activities. Walt Disney Company is among the stocks that made the biggest moves in premarket trading Wednesday. The mass media […]
Read moreMay 27, 2020 12:49 pm
On Wednesday, the European stocks rose as investors hoped that the European Union would soon introduce a massive stimulus recovery plan. Airlines ranked as the top performers in Wednesday trading and the Stoxx Europe 600 Index rose 0.3% to 350.21. The shares of the Anglo-Spanish airline company, International Airlines Group (IAG), jumped 5%. Meanwhile, TUI […]
Read moreMay 27, 2020 9:59 am
After the increasing tension in Hong Kong, the Asian stocks were mixed in Wednesday trading. While the Shanghai Composite Index and the Hang Seng Index declined, the Japanese stocks closed high on Wednesday. The Real Estate, Paper & Pulp and Railway & Bus were the leading sectors that contributed to the jump in Japanese stocks. […]
Read moreMay 27, 2020 8:09 am
Sanofi’s shares closed lower in Tuesday trading despite the recent deal for selling its shares in the U.S. biotechnology company Regeneron. Sanofi will earn about $13 billion after selling a huge part of its 20.6% stake in Regeneron. Despite that, the company’s shares dropped 1% on Tuesday, along with other healthcare companies’ stocks. On Monday, […]
Read more