All three major U.S. stock indexes are under pressure from a combination of downbeat earnings reports, more losses for oil, and grim news on retail sales.
European stocks and U.S. equity futures are under pressure for Wednesday as oil prices retreat amid a grim forecast from the International Energy Agency. That is as earnings season gets under way.
Genesis Energy, L.P. GEL recently won a downstream contract from Fieldwood Energy and Ridgewood Energy-operated Ridgewood Katmai and ILX Prospect Katmai. Per the deal, it will be responsible for transporting all crude oil production from the Gulf of Mexico Katmai field developme
PDC Energy, Inc. PDCE has announced capex cuts and share repurchase deferrals in a bid to preserve cash for maintaining strong liquidity amid a possible financial crisis due to the coronavirus outbreak.
Banks and the businesses they lend to are putting the brakes on preparations for the end of Libor, industry sources say, because they are too busy grappling with fallout from the coronavirus to deal with the complexities of interest rate benchmarks.
The coronavirus health crisis likely knocked China's economy into its first decline since at least 1992 in the first quarter, raising the heat on authorities to do more to restore growth as mounting job losses threaten social stability.
The Dow, the S&P 500, and the Nasdaq all jumped again on Tuesday, as the market rally continued on optimism that social distancing measures are working to flatten the coronavirus curve. Wall Street is now looking ahead to the economy perhaps slowly starting to reopen.
Annaly Capital Management (NLY) closed the most recent trading day at $5.97, moving -1.81% from the previous trading session. This change lagged the S&P 500's 3.06% gain on the day. At the same time, the Dow added 2.39%, and the tech-heavy Nasdaq gained 3.95%.
Facebook (FB) closed the most recent trading day at $178.17, moving +1.93% from the previous trading session. This change lagged the S&P 500's 3.06% gain on the day. At the same time, the Dow added 2.39%, and the tech-heavy Nasdaq gained 3.95%.
In the latest trading session, Southwest Airlines (LUV) closed at $34.77, marking a +1.49% move from the previous day. The stock lagged the S&P 500's daily gain of 3.06%. Meanwhile, the Dow gained 2.39%, and the Nasdaq, a tech-heavy index, added 3.95%.
US Foods Holding Corp. (USFD) closed the most recent trading day at $17.99, making no change from the previous trading session. This change lagged the S&P 500's 3.06% gain on the day. Meanwhile, the Dow gained 2.39%, and the Nasdaq, a tech-heavy index, added 3.95%.
Exxon Mobil (XOM) closed the most recent trading day at $42.42, moving -0.8% from the previous trading session. This change lagged the S&P 500's 3.06% gain on the day. Meanwhile, the Dow gained 2.39%, and the Nasdaq, a tech-heavy index, added 3.95%.
Armour Residential REIT (ARR) closed the most recent trading day at $8.80, moving -0.23% from the previous trading session. This move lagged the S&P 500's daily gain of 3.06%. Elsewhere, the Dow gained 2.39%, while the tech-heavy Nasdaq added 3.95%.
Discover (DFS) closed the most recent trading day at $35.57, moving -1.69% from the previous trading session. This change lagged the S&P 500's 3.06% gain on the day. Elsewhere, the Dow gained 2.39%, while the tech-heavy Nasdaq added 3.95%.
Bristol-Myers Squibb (BMY) closed the most recent trading day at $60.02, moving +1.87% from the previous trading session. This change lagged the S&P 500's 3.06% gain on the day. Elsewhere, the Dow gained 2.39%, while the tech-heavy Nasdaq added 3.95%.
General Electric (GE) closed the most recent trading day at $6.93, moving -1.35% from the previous trading session. This change lagged the S&P 500's 3.06% gain on the day. Meanwhile, the Dow gained 2.39%, and the Nasdaq, a tech-heavy index, added 3.95%.
New York Mortgage Trust (NYMT) closed the most recent trading day at $2.16, moving -1.82% from the previous trading session. This change lagged the S&P 500's 3.06% gain on the day. Elsewhere, the Dow gained 2.39%, while the tech-heavy Nasdaq added 3.95%.
In the latest trading session, Chevron (CVX) closed at $84.56, marking a -0.41% move from the previous day. This change lagged the S&P 500's daily gain of 3.06%. Meanwhile, the Dow gained 2.39%, and the Nasdaq, a tech-heavy index, added 3.95%.
JB Hunt (JBHT) came out with quarterly earnings of $0.98 per share, missing the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for non-recurring items.
P.A.M. Transportation (PTSI) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.99 per share a year ago. These figures are adjusted for non-recurring items.