June 4, 2020 7:59 am
Wednesday was a strong day for US stocks as the Financials, Oil & Gas and Industrial sectors contributed to the jump in shares. At the close of the trading session, the Dow Jones Industrial Average surged 2.05%. This marked a new 3-month high for the index. Meanwhile, the S&P 500 Index and the NASDAQ Composite […]
Read moreJune 3, 2020 2:35 pm
The ridesharing company Lyft was among the stocks that rose in premarket trading Wednesday. With the interest in the company rising, Lyft’s stock was up 5.7% before the start of the trading session. Investors felt motivated after the company reported a 26% boost in rides during May. The jump in rides shows that the company’s […]
Read moreJune 3, 2020 1:03 pm
On Wednesday, the European stocks rose for a third consecutive day as investors witnessed the beginning of an economic recovery. Airlines were among the best performers in Wednesday trading, with Wizz Air’s shares surging 1.4%. The interest of investors rose from the fact that the company stated a higher pretax profit for 2020. Wizz Air […]
Read moreJune 3, 2020 9:50 am
On Wednesday, European stocks rose as hopes for economic recovery increased due to the progress in the Chinese services sector. This made investors believe that the tension between China and the US may not be as damaging as everyone feared. Renault is also among the top European stocks soaring on Wednesday. The carmaker’s shares surged […]
Read moreJune 3, 2020 7:51 am
After Tuesday trading was closed, the shares of Zoom surged about 2%. The jump in after-trade hours came after the company announced its first-quarter results. Due to the long period of lockdown in different parts of the world, the video conference call software became extremely popular. This brought Zoom first-quarter earnings that beat the predictions […]
Read moreJune 2, 2020 2:41 pm
Investors remained hopeful for US stocks, which were expected to open higher on Tuesday. Despite the civil unrest in different parts of the US, futures for the Dow Jones Industrial Average, the S&P 500 Index and the Nasdaq-100 were higher in premarket trading. Pfizer is among the stocks that investors will keep an eye out […]
Read moreJune 2, 2020 1:02 pm
On Tuesday, European stocks hit their highest record since the beginning of March. The German stocks were leading the way during the Tuesday trading session as carmakers like Volkswagen, Daimler and BMW were among the best performers. Lufthansa’s shares also surged 6.3% after the company agreed on the terms for a government bailout. The bailout […]
Read moreJune 2, 2020 9:51 am
Shinsei shares increased 2.04% in Tuesday trading, following the banking company’s statement for a major acquisition. The Japanese financial institution announced that it will acquire one of the biggest non-bank finance providers in New Zealand, UDC Finance Ltd. To this day, this will be the biggest overseas acquisition deal for Shinsei. The Japanese company is […]
Read moreJune 2, 2020 7:52 am
Thanks to a jump in the shares of the Oil & Gas, Consumer Goods and Financials sectors, the US stocks closed higher on Monday. Despite that, Cisco was among the worst performers in Monday trading with shares dropping 3.18% or 1.52 points to close at 46.30. On Monday, the technology company postponed its online conference […]
Read moreJune 1, 2020 2:28 pm
Amid the protests that spread across the US and the simmering Sino-US tensions, Wall Street futures remained steady in Monday trading. This being said, the protests against police brutality and racism caused a drop in the shares of some companies that were forced to close stores or adjust their working hours. Target’s shares declined 2% […]
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